I mean, a C+ average is not failing, likely not going on a field trip for academia to represent your school, but it does keep you on the baseball team.. What are your thoughts in regards to price action... I'm hoping for a break above 11,600 to get us out of here, but just not feeling it as of yet.. There are some big buys coming in, so who knows.. As always we have to wait and see what those with hundreds of millions decide they want to happen with the price...
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Needs to be a solid 13,000 to get out of the doldrums.
Part of the low scores are due to the correction. When things start picking up after winter is over, the ratings will probably improve.
I would hope so, there is a TON of resistance above 11,500 at the moment.. I was watching the minute last night around 11,700 and watched a huge buy.. just keep piling on, and being matched by a sell.. he was trying like hell to push it up and it was getting swallowed.. then when he ran out of gas.. a 200 BTC sell in the next minute into the now empty order book, dropped past the buyers open and forced him to sell the 600 or so BTC he just bought to break the wall, forcing price lower.. Someone is keeping us right where they want us for the moment.. Futures are coming due soon, which is the optimum time for BTC price to be at its lowest.. so there may be some interest in pushing us down further again. We shall see but we certainly need some serious volume and price action to reenergize buyers and bring them back to the market.. So many wounded souls right now, that have been punished during this correction it is going to take much to the positive to bring them back in..