We've seen in April/May/June that walls that walls of any size which pop up in front of a downtrend on low volume will be filled. At the peak of the second bulltrap in may on gox there was an 8,000 btc wall at $127 which popped up after the trend had already reversed from $136. It was filled along with about 30K of orders beneath it in a giant market order, and the downtrend proceeded to $66. On the way down there were also a variety of 5K - 20K btc walls that came into the play.
The walls are of course a bullish sign that there is demand from real investors and this may be a fair price. However, people are mistaken to think that it will stop the train.
+1 The walls are of course a bullish sign that there is demand from real investors and this may be a fair price. However, people are mistaken to think that it will stop the train.
