adamstgBit
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June 07, 2013, 06:53:53 PM

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.

buying below 120 is a good bet.
we will see 120 again relatively soon.
it won't go down forever, make the most of it while you can.