BBmmBB
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile Personal Message (Offline)

Ignore
October 10, 2014, 07:10:01 PM

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

I'm thinking maybe a lot of people believe we hit bottom, and are looking for entry.


Or maybe all the major news over the past 6 months, not priced in yet.
all my trading and price developement understanding comes only from bitcoin, but imho
"News" start to be priced in just before they become "News". As soon as everybody knows (/thinks/believes/fears/hopes) something it is already in the price.

BUY the rumor ~ SELL the fact !  Wink