IMO the market isn't following yet, and the whale buyer doesn't want it to follow.
He depletes seller resistance, without triggering a full rally, thus optimizing his purchase cost.
He'll only act when the market is about to buy his targeted coins. If the predicted price rises
quickly to 110, then we'll see another whale buy. And it seems we are going there.
Yep, whales are smart, they are taking their time absorbing all the sellers coins. Shorting BTC is a little dangerous right now for my taste, i'm long since $95
Yes, things are kind of lagging. I'm in since $94 again, after selling at $96 before that. So, sitting on a $3 profit but we might pop upwards here. Is that worth a $3 per BTC profit now?
We are sitting right at resistance, and there is a triple top, indicators a bit oversold, so it might be a good time to sell. But as you guys are pointing out, I get the feeling we might go up as the big buyers are poking their head above water lately. You can't just use TA here.
Not a bad gamble barring a big sell of, which doesn't look real likely. (Like it did at $130 & $107).
Then again, if we slide down, the big buyer might just be collecting coins in this range. (And anyone see that large 5000 ask wall at Stamp. Can you say "Special on BTC here!" to those guys with bank? I don't get why it is just sitting there...
