As I explained to some in our IRC channel, it seems market makers are not looking to make go parabolic as of now, rather it seems they are looking for a healthy uptrend. It can be observed on Bitfinex where bids and asks have been rather gentle in the past few weeks. Past resistances have flipped to support thanks to their help.
They have completed their shake-out down to 166, and got rid of the weak hands, but all this was necessary to start a new Cycle. Too bad some of us missed the accumulation phase between 215-230.
On that note: Seeing the yet misleading CNN article published today on Greeks rushing on buying , I believe we will see new money coming in into , we should see the effect of that new money on exchanges within the next days to few weeks.
Bitfinex Signup: https://www.bitfinex.com/?refcode=355QQTAC0A
Coinbase Signup: https://www.coinbase.com/join/52991e5e702d08b8bc000153