That's as good a theory as any other. It was also interesting to see a small sell go through at 1.9 earlier in the day possibly to test the props. Whatever the reasoning, on face value it looks as though the churn is hopefully almost complete at these levels. Any significant volume should allow us to break upwards - in the absence of news hopefully that comes from a solid weekend by bitcoin.
That's as good a theory as any other. It was also interesting to...
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