edwardspitz
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September 27, 2014, 06:15:53 PM


Bid/asks walls (more bids than asks)
https://de.bitstamp.net/market/order_book/

Even more bullish @Bitfinex


Strange though, during the multiple month long bull-run earlier this year, I remember seeing an exact same pattern, though inverted (exponential ask-wall pedestal, slowly trailing linear bid-pedestal).

How peculiar.

Of course, market generally moves to the greater side of the orderbook. Why move to the side without orders - for paying high price for low number of coins?

Also kind of interesting that Bitstamp was leading in terms of initiative while Bitfinex was leading in terms of volume in this latest round of dumps.