24. December 2017 13:31 GMT – It appears that the BTC market has been rising on almost no volume and falling on relatively substantial selling. The result is that the bandwidth is now stretched between $15k on the high side and $12k on the low side. What that results in is that there were very few transactions yesterday (23. December) going up, and a fair amount of transactions today, mostly sells (at least up to now) going down. It is interesting to watch if you are not in a position where you have to do something.
It also is interesting that the news finally discovered the BTC sell-off. The various news services are touting the “largest fall since XXX” but they are out of date and the price is already rising by the time they publish. “Anything to sell newspapers”, I guess.
Since my BTC is in CryptoGold, I can just watch the excitement with no concern about what is happening short term. Join me! Click on the banner below and join for free.
25 December 2017 14:07 GMT – More of the same, except that the traffic last night was not as heavy as before. The mid-point right now seems to be about $13’500, but that could change quickly. Merry Christmas for those who celebrate it?