If some whales help the push, 112 is easy. In fact, I moved my sell order from 111.9x to 114.9x, just in case...

Market indicators do not suggest right now an imminent drop, on the contrary, if the current trend
continues we will soon be above the sub-wave of August 2nd. The only way I see possible right now
to go down is by a massive whale dump, something like ~20k BTC down to 99.

If we don't break 108 today, IMO there is a high chance of a large whale dump.
Something like the missing 20k BTC, that dissapeared from the order book after breaking the 98.

Right now it may look overpaid, but if they get the latest process technology for new ASICs, then in the future
they will have a significant competitive advantage. Meaning that after ROI, they'll be able to hoard BTC
and manipulate the market as well as the early adopters / large whales. They could make a couple billions of $.
Anyway, it looks like small ASIC miners are not going to survive long.

Selling that close to a buy wall was a wrong move. Unless the buy wall gets eaten quickly, in which case
selling into it before it disappears is a good move ( I did this several times ). For now, you'll have to either
take a loss by buying higher or wait. The current market status is undecided as I write this, maybe the
expected rally is going to be just a flash in the pan, in which case you better wait for the drop. OTOH, if the
expected rally gets real ( but for now I don't see the money ), the price will go up to maybe 120 in a few days,
so you'll have to wait longer until it drops below 102.
Edit: Bitfinex, hmm? Risky but it may pay off.

Sell wall at 108 more than doubled quickly, hmm...

The wall sends a message. If he wanted to buy at 105, he should have only put some 50 -100 at a time,
which would have looked as a good opportunity to some sellers.

Several indicators are looking good, but not great. To really go up we need the 1.0 - 1.5 million $ that are not seen
on the bid sum at MtGox. So right now it could be just a flash in the pan.

I'm not predicting 130, I just presented the 2 scenarios I see as possible.
For now, it's not looking good, the small players have been unable to keep the price at 106.

If small players take it to 106 and not more, then we are in the 5th part of a type 5 Elliot wave.
If big players take it to 110 - 112, then we are in the 1st part of a type 5 Elliot wave.

If we start the middle Elliot wave then 101 would be dirt cheap, but if not then 99 would be a waste.

Without increased buyer pressure, we would have dropped to 101 by now.
Just small players for now, but enough to delay or maybe revert (too early to tell) the drop to 101.

Actually, a lot is happening. Buyer pressure has increased, so now we have 2 scenarios:
1) a large whale dump that would take advantage of the buy walls, meaning we are deep in bearish scenario.
2) the start of the middle Elliot wave, in which case we'll see peaks of 110, 115, maybe 120.
Without the buy walls who hold for now at 101 - 102, the price would have dropped below 101, possibly below 100.
The walls have been steadily growing, but who knows if they are real or not (they could be pulled).

if( ( chodpaba == WHALE ) && ( Tzupy != WHALE ) )
chodpaba_comment = NORMAL ;
else
chodpaba_comment = WEIRD ;

I'm no whale, and in the past whales and walls made me lose money, now they help me make some money.
If I would only look at TA indicators, I would miss many opportunities. So for me whales and walls are important.

I forgot about the low volume on weekends, so I was obviously wrong about the timing of the drop.
But the wall at 103.15 got chewed at, then got pulled. Makes me wonder if the wall at 101 won't be pulled if it gets chewed at.
That's why I cancelled my buy order at 101.0x, the market will definitely drop to 101 and if the wall gets pulled, IMO it's going to
trigger a panic sale. Then we might drop to 95-96. What do you think, will the 101 wall be pulled?

The ask sum / bid sum ratio tells me that we should drop to 101 - 102 soon, if no whale buy occurs.
If we have one or more whale buys, the price will climb to 107 - 108 and then slowly drop.

I have a feeling that tonight the buy wall at 101$ will get tested (the 103.15$ wall will be eaten).
Lets hope it holds, if not we'll have a panic sale tomorrow morning, instead of the usual small whale buy.

Those perceived by humans as ''Aliens" have been living around Earth for millions of human years.
They usually perceive humans as "their cattle", so why would they want to do business with their cattle?

Irony: I cancelled my buy order at 101.01, because of the trend reversal I spotted, bought at 103.85, then went to sleep,
hoping that the market won't slump to 101 out of inertia. When I woke up, surprise, it did. The price right now, at 102, is
what I would expect from the bid sum / ask sum ratio. Yet we don't have a clear trend reversal, but if no one panic sells
the uptrend should resume soon. BTW, I'm ready to sell into that meager 7k BTC wall at 101 if I see others doing it a lot.