looks to me like those whales have pushed the price up around 3% the last 24 hours, I wouldnt call that a failure
Not in and of itself. But when you saw the effort needed (the size of the buys) to move BTC up a few dollars and then retrace down (not to mention slippage), it was a bit amusing...
To see few buyers follow "the leader" was even more amusing.
Kazu - I think the longer we stay here the harder it becomes as those sells are stacked up pretty good. My bet is they want the bids to pile up before dumping (no big guess.)