I hear the stampede coming in bitstamp. 4200BTC in sell orders one hour ago, 3600BTC right now.
Possible breakout at 2350$ support.
Possible breakout at 2350$ support.
2350$ is past already.
Yup, faster than expected lol. Just after that Bitstamp stopped loading well in my pc, so i suppose the fun started

Next resistance?
On OKCoin it's 16800 CNY. The Chinese are throwing money at Bitcoin on OKCoin now they are allowed to withdraw Bitcoins again.
I think they want excessive KYC like ID cards scans, and video verification. Some users who can't provide it will lose their Bitcoins. Okcoin is also imposing a $1m annual limit. The whales won't be happy about that. A million dollars is small change to a whale. How can Chinese whales manipulate the price on Okcoin if they are only allowed to withdraw a million dollars a year?
http://www.coindesk.com/okcoin-huobi-move-end-chinas-bitcoin-withdrawal-freeze/
Quote
A representative for has OKCoin confirmed a report today that withdrawals had resumed at the exchange, one of the largest in the world by volume. The spokesperson added, however, that withdrawals would be contingent on passing a verification requirement and prescribing to a $1m annual limit.