In other news: guys, time to sell. Really.
Well, I'd be lying if I said your banting of selling didn't effect me.
But I also saw what you were saying and it bothered me. It bothered me since the sideways low volume.
The final straw was the 3 day move up on increasingly lower volume. That is a big warning sign to me, though not an end all.
I am partially in Fiat now. It was tough to "cash in" that paper wallet, but was a release as the chart really does scream "We might go down hard if good news doesn't it and someone decides to sell, like our weekend guy."
What is super interesting is the way sellers are not forcing their sales for the most part. You see small walls as the price goes up. But they don't seem manipulative (they get bought into).
I guess large holders are smart enough to not set the BTC down.
Now, if something happens and BTC volume starts, we have to consider buying as the down move isn't guaranteed. Just today the Nikkei is down again 6% or so! Man, is that 25% in 4 weeks or so?
