10c
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June 17, 2013, 11:12:37 PM

You might be right but at the same time wrong. Look at my comment above on how the order book looks good but those sells keep smacking it down (And they are not showing up there.)

Yes I know, but still BTC is weird that way.
I think your reasoning is correct; odds are in favor of going down. Odds don't mean that much in the BTC world, if most of us are in favor of moving up we probably will as people believe their coins are worth $100+ now. only those in desperate need will sell and most are in for the long run