They've already displayed their move. Big walls on bitfenix and huobi in the $300 to $400 range piled up as we dropped. So far they aren't totally out of ammo, But the walls are beginning to fail.
Panic will likely happen at $300, whenever it comes, but it will be relatively unresisted compared to now.
I edited that post to clarify a bit. Basically, the megawall on $300 was being upkept for awhile, But not anymore. Bulls are exhausted
I would say opposite.. bears are exhausted and bulls are just getting warmed up... still waiting for LTC dump to happen so btc can finally bottom.
It's possible. Buying pressure through market orders is way up this week. Something has to give.
