noobtrader
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November 12, 2014, 03:06:55 PM

I still feel like this is market noise -- that there is no real driver behind this event and that it won't pick up too much more steam... it'll hit a TA impasse and fall back down. One driver could be Russia, but that doesn't make sense because BTC-e is in the pits vis-à-vis the other exchanges. It could be the dark market situation, but that also seems to have fizzled already on the alt-coin side. So, I think it's just a run for a runs sake. That doesn't, however, mean that it can't go on. It just means that it probably shouldn't.

Says the (margincalled) gentlemen

+1