Lucif, have you re bought or do you missed the train ? :-)
What do you think? You'd be crazy to rebuy here if you sold earlier, unless it's for a quick scalp.
Probably you're right, this looks a somewhat irrational rise.
Yet if what we have here is a true bubble it may pop soon or it may spike up noticeably from here.
The order books are empty. Btc price is floating and Nobody dares to move besides the few pumpers.
At this point you gotta be crazy shorting or going long.
Question is a which threshold people will realise their profit.
Greed is King now.
Not sure what you mean by writing "The order books are empty" and "few pumpers".
I'd say on the contrary we have A LOT of trades and volatility.
Price moved up 17% in 12h, 24% on 24h.
I'm no bear nor bull, just an observer struggling to find the sweet spot to close his long trades.
So far i can't see any reliable signals.
EDIT: Question is: will Chinese break 3200 CNY or not? At the moment i have no clue.