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kinetiktrader
Jun 24, 2015 12:39 AM

3x Week Previous ending June 15 2015 

Bitcoin / DollarBitfinex

Description

3x week previous
hi 259.1
lo 219.8

swing
lo 219.8
hi 259.1

Wk06-01 sales volume doubles previous
Wk06-08 buy volume 1/4 less
Wk06-15 buy volume doubles

With the appearance of Greece exiting the Euro buy volume and price have increase except in USD and not Euro's.

Final day to pay July 20

Will someone deploy an analogous market of BTC ATMS, Cards, and purchase system in Greece before the crash?

Waiting last minute, as usual?

Comments
kinetiktrader
Great proof of speculation but where is the Bitflow?
Meaning where is the demand or the baseline volume for bit coin apart from speculation?
Is it the time between big market maker moves?
A good simple three question deduction I could use to learn from this chart.

Another lesson is how to spot a trend looking at price action and buy volume. Look at how 6-08 to 6-15 weeks move up retrace and skyrocket with news speculation.

Bitcoin is an alternative solution for Greece amid their leader going against the popular vote in a country where democracy seems to of had origins. It seems like the situation is not fair to Greece when similar to WallStreet bail out where fund managers kept the money to themselves and to not get in trouble with the government they spent it on a dry economy giving loans to its people. So they create capitalist slavery to debt and get their money twice. This is what feeds the problem with the problem.

Don't expect them to push all their money in Bitcoin just like that especially with the known volatility. If their banks, fund managers and citizens where to invest they would do it along with btc market movers. Everybody is happy when everyone gets paid right? It's almost psychic where one person on the other side of the world without speaking to another moves the market together. The excitement of speculation right. The only one you want to lose in the end is the exchange and they still get paid anyway.
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