BTCtrader71
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May 02, 2017, 10:18:04 PM

bfx goes from 1550 to 1473 in an instant, and then over half an hour climbs back to 1550 ... I'm no TA expert, what does that mean?

There's hardly anyone there any more other than trapped shorters?
It just means that the Japanese are buying the weak hands coins. They will never see those btc back anytime soon. Expect some serious action soon guys, Japanese are crazy on the market. Some real loose canons around there.  We will see some hillbilly trading like btc hasnt seen for a while. Lock & load guys. Load and load...

I think you're right, it's a bullish indicator. Whether someone did it on purpose or not, we see that the market's response to a mini flash crash is to go right back up, not trigger a bunch of panic sells