LeMogwai

The BIG Whale theory : Upper cloud

Panjang
MTGOX:BTCUSD   Bitcoin
1
I noticed that since the 22 july, there is always big buy made to push the price on the top of all the cloud.
The only noticeable volume is to buy.

I suspect a very very big whale to try to push the price on the top of all cloud to start a really massive bubble.

If what i think is right, the whale already bought about 100k btc and is not running out of ammoney ^^".

I think he is waiting the draw of the support clouds to follow them and push us to top, and of course to go through the 2D cloud.

I ll try to buy in on the next down (104-105), hoping that my theory is right.

Update :
Seems that it's going faster than expected, added the 40hr cloud to my own chart which is really revelant. It also provide explanation about this raise : the price is being pushed to be on the top of it.
Bought in at 106 and now waiting the price rise with a cocktail next to the swimming.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.