Quote:
Originally Posted by TimStone
If it looks like moon and smells like moon it means most likely that we are going to moon
I don't think we bottomed yet... The feeling of despair experienced in the last bottom at 160$ just isn't there. For that you need even the most bullish people being forced to sell, cause they just can't afford not to anymore. We're not there yet....
On the other hand, when you see how easily a (relatively) small order can move the spot price, it must be just too tempting to screw overleveraged bears if you can afford it...
Just my 2c ofc, no one knows really