Today Nov 4 so far its 88,000 China v 46, 000 the BIG 3. (figures change by the second)
It has settled down from the "aberration" of 3 days ago where chbtc had a 508k daily volume and today's ratio of approx 60% China ....40% Big3 will likely be the norm in the medium term barring any major event.
The great news is that prices are already back knocking on the door of $230 which when well and truly broken with support will set us up to test the $260 high...very soon I expect. My price target as previously posted elsewhere is $400 by Oct 2014 and I may be lucky to get there a few months before.......
The futures market (settlement on Saturdays) at 796Market has "traded" 18,000 coins ( approx $4M dollars) at a price range of $236 to 238.5 ............currently $237.6 they are BETTING that we will be above that by Saturday
https://796.com/Pat myself on the back
2 days from post we have broken $260 and have a new ATH
futures still indicating strength, currently at
ask high $269.89 low 266 range and
Bid high 260 low 252.11 37,000 volume.. equates to approx $9.8 million "bet" on increased price.
time for a pullback or consolidation? maybe
