1000 BTC sell wall on Finex at 4079.. was being eaten so it was pulled. Hmmm, may be going up. Someone really wants the price lower. Hopefully all the weak people already dumped in the low 3k's.
Earlier today I noticed that someone was hitting the sell button multiple times from the local peak of 4160 on Bitfinex. This is not the first time for me to recongize a single seller, rather than multiple simultenous sells. It was at first like a gut feeling, but now it is seen clearly that someone with >3000 (may be >10K) bitcoins is satisfied with this price and is impatient to sell. Same ol' same ol'. It happened so many times in 2018, the worst of which was the insane selling of fake Satoshi (CW) to pump his pathetic shitcoin. I really don't understand these people. If I was an early adopter/investor/miner with thousands of bitcoins, I would never sell for 80% less from the last ATH! This shows weak hands and lack of belief in the future of the king of all decentralized money. Of course, I know that there are miners who have to pay for their electricity bills, margin and futures shorters, etc. All this combined with the lack of good news (ETF) brought us here. But all this will not be enough to hold the price after the next halving, even without ETF. In fact, an early approval in 2019 can cause a pump and dump like in Dec 2017. It will be best if sometime after the next halving when staying at least 1 year well above 10K, the ETF be approved. Then we may witness prices which seem somewhat unrealistic now (100K party, cough, cough
) I don't know for you, but I would like to see and enjoy those flickering ATH's signs everywhere and every day with all my stash intact! (I miss them so much that I am almost tempted to post one of those now
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