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Gerald Davis


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November 19, 2013, 05:22:43 AM

Gotta love Bitcoin.

It drops over $300 within minutes in a flash dump and all it will probably amount to is a long bottom wick on a green candle.

Slowed down the assault on $1000 though.

Right, market would probably easily absorb another 5k Sell!?

Another 5k sell takes us down just below 600. A 5k buy takes us up to almost a grand.

Holy crap, its so thin.

Money (both coins and dollars) is being pulled out to sit on the sideline.  It is going to take the market either crashing down hard or "crashing" up hard for that bid/ask depth to come back.