Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://en.wikipedia.org/wiki/MACD
(Ahem, I cannot resist pointing out that I helped edit that article, a few months ago.
)
(Ahem, I cannot resist pointing out that I helped edit that article, a few months ago.
)Glad to see you're finally warming up to technical analysis
Well, I also created this article and a few others on spirituality, quack remedies, etc.
Looking for" reasons " yet for this one? 
Of course.
My best guess at the moment is the "three billion hedge fund started trading on our platform" rumor. It is consistent with OKCoin being the leader, leaving even Huobi behind.
But it may be TA, indeed: namely people expecting "the next bubble" because of the 5-year
+1 for being a WP editor.
And one day, when you're ready, you will see the (technical) light, and identify the two main drivers of markets (outside fundamentals): momentum, and mean reversion