Can someone explain how the price is so stable all of a sudden?

[cbutters]

i was expecting a panic sell thx to gox fiasco but meh :L

Gox has already brought the market down from 800 to 400... not much more they could do.. damage has been done.... and might dip even just a bit further. We will see some better action once we break out horizontally of the downward trend lines.

[MatTheCat]

Since we have the 4hr MacD, threatening to hit a crossover, and since we have not yet had any meaningful correction from a whopping $400 - $610 recovery, my money is on $550 being broken to downside.

With all that in mind, Bitcoin @ 578 (right now) could yet be a cracking short trade, being sure to keep a close eye on how Bitcoin reacts and bounces of the $500 range.

the 4hr MACD is almost there, but RSI is not.  We need another push to get RSI into overbought IMHO, then both RSI/MACD will be confirmed. Say, 580-600 again, followed by a pullback.

Looking a total cert now though.

This sucker is going down!