Post
Topic
Board Speculation
Re: BTC drop to next level coming...bail the F out now!
by
panju1
on 21/09/2014, 03:45:34 UTC
Here are more accurate figures from the ones I am looking at:

1) On BitFinex: There are 2372 BTCs placed to be sold at $470-$475, so no way up here
2) On BitStamp: There are 2529 BTCs placed to be sold at $482-$485, so no way up here neither
3) On BTC-e: There are 198 BTCs placed to be sold at $441, given the usual volume of BTC-e, no way up here neither.
4) Kraken and BTC-China: Nothing out of the ordinary there

So, from the above, BTC is intentionally being pushed down, and frankly it's not that enjoyable to deal anymore.

I'd still wait for few months hoping this game ends soon.

Regards
Heider


There are some orders which are cancelled as soon as the bitcoin price nears it.... So these huge sales orders might be just a way to mislead market participants.