I shorted, so it's bound to go up.
Despite reasonable volume the price change now is not that big. I did not short for a big price change. It seems there is quite a solid foundation for the price as it is, give or take 15 dollars or so.
Also the rampent FUD (edit: and other BS) surely means BTC will go up again pretty soon.
Despite reasonable volume the price change now is not that big. I did not short for a big price change. It seems there is quite a solid foundation for the price as it is, give or take 15 dollars or so.
Also the rampent FUD (edit: and other BS) surely means BTC will go up again pretty soon.
I agree with you that there is a general pressure, at the moment for prices to go up, but I cannot really agree with you that the current price is in any way stable. At the moment, there is so much volume that should be a fairly strong indicator that it is taking quite a bit of effort to keep prices in the current range $320 to 340-ish. Maybe volume will settle down, and this will become a stable range, but currently it seems quite far from stable and there remains considerable potential for explosive movements in either direction... with upwards seeming to have a slight edge, no?