I don't think this is gonna be an easy wall to jump over. The sheer quantity put on the asks is astonishing. It would take a massive scale of demand (or,most likely, a pull down of the wall by the people who put it up) for the price to even approach 50.
We need 10,760 BTC just to get to 48.60. Come monday the walls might move closer to 50 but we'd need real good news or demand for the wallmasters to let the price run above 50
We need 10,760 BTC just to get to 48.60. Come monday the walls might move closer to 50 but we'd need real good news or demand for the wallmasters to let the price run above 50
10k wall? pffft. Every one of those days was over 100k BTC volume. The walls just make the slippage less and therefore more attractive for the buyers.
