Thats why i just took some fiat profit. It will be harder to push up more after such a wild rally!
It just seems like the psychology of "up" is meeting the disparity of "lots O Sells".
If no big guys come we can't go much further up and even if they do how much room do we have?
Big guys are now waiting for asks to come up a bit than dump with 40%+ profit and see you next time to repeat.
i would do that. Some people think that if someone invested in bitcoins he is going to keep them. There is no reason for them to do this. I bet they prefer to keep their dollars.
"There's no reason to just keep bitcoins", hahahahaha.
There is, to sell them. Timeframe varies.
Selling to keep dollars is a bit different than selling to buy BTC again.