Denker
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July 16, 2017, 03:08:11 PM

Ok this is panic selling right now.
Lots of weak hands who thought to be strong are getting triggered!
Whales enjoy this moment pretty much I bet.
~$1760 is the weekly moving average (MA20) I have an eye on for the next coming days.

Nope, that's no panic selling yet.

Panic would mean -300$ in 1h.

Lookup the log charts and you witness REAL panic selling.

This is panic selling!
In terms of higher timeframes and the average guys playing on those levels it definitely is!
21-26(at the latest) of july miners will have to signal BIP 91.Otherwise BIP 148 will kick in.
5-10 more days to play with the market and teach the dummies a lesson.
Will be very interesting to watch.