I get a funny feeling this is the calm before the storm. Now as to which direction the wind will blow during the storm that is an entirely different question.
down
More like Up. This was the second testing of 100 and the second time that the price dropped below then shot straight back above.
Tough call. The market depth has been looking better but not showing up on it are those sells that just come and dump every so often.
Hitting 100 on low volume is not much support to me. When we tested a few levels on large volume on the post "collapse", that was meaningful to me. Also, a buyer came in and just put in a large market order to save the price. The slippage was huge, bad business decision. More suspicious behavior...
All that said, BTC is a hard on to predict and depending on global events, it can turn quick.
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