DrewR

No big buys on horizon (correction of previous chart)

MTGOX:BTCUSD   Bitcoin
0
On my prior chart regarding big buys coming soon, I believe I had the time frame wrong. When looking at a bigger timespan, we can see big buyers (whales) have already got back in.

I believe one of the great things about BTC is the ability to predict buys based on previous sales. Generally with normal securities/commodities/etc., if you sell, you may flip your money into a different one that may be performing better. However, with BTC most traders stay within the BTC circle as there really is not an easy way to move money without significant delay; at least that is what I think.

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