This flip is specific to Bitstamp, but China leads the market. Since OKcoin data is missing for the last 8 days
from bitcoincharts, I can only see BTCChina which probably follows OKcoin, and PSAR didn't flip there.
Even if it would flip, it wouldn't mean what the OP implied, that a mania phase of the bubble is near.
For that, considering that the market moves about 4x slower than in 2013 (when Markus and Willy faked it),
we need 4w PSAR to flip (which is not available on bitcoincharts), in order to confirm an upcoming parabolic rise.
from bitcoincharts, I can only see BTCChina which probably follows OKcoin, and PSAR didn't flip there.
Even if it would flip, it wouldn't mean what the OP implied, that a mania phase of the bubble is near.
For that, considering that the market moves about 4x slower than in 2013 (when Markus and Willy faked it),
we need 4w PSAR to flip (which is not available on bitcoincharts), in order to confirm an upcoming parabolic rise.
Can we get over this whole "Mt. Gox faked the 2013 bubble" already? Every bubble in bitcoin wasn't due to a bot. And the last three bubbles follow a very similar pattern
the pSar is about to flip again. This whole topic might turn out to be a premature ejaculation and the bear market could continue. As always, the next weeks are absolutely critical to the BTC/USD!
