There is a fall in the ambush.
This collapse will happen soon.
And Target 133 or even lower. Still pending
I agree that it makes a harmonious pattern should price complete the journey to the top of the curve drawn in MFI, and then cross back to the bottom channel curve.
I also see that the reverse divergence that MFI makes in relation to the price decline might imply no new low and MFI playing out above the center line in that channel.
Does that fit with MFI's behaviour?
I compared the volume price data on Bitstamp, Bitfinex, BTC-E, OKCoin USD, OKCoin CNY, Huobi, BTC China, OKCoin Weekly Futures, 796 Futures ... which I bet you have not done.
If you do this you should find out that Bitstamp is nowhere near leading the trend.
One thing about Bitstamp - and I agree they don't lead the trend - they have some large players just quietly doing their thing. And probably the largest Bitcoin player, Pantera is an investor. So its a chart to watch although not always the clearest
As it is, Tim West is a good analyst, I agree. But that's rude of you to put down one guy's (esoteric) analysis by pointing him to another guy's esoteric analysis and saying - "Now that guy's good!" You see what i mean?