Price slump

[massivebitman]

There is something very deliberate about this price slump.

Maybe I need to wear my tinfoil hat, but I really think somebody's playing games here to buy up cheap coins.

They're in there right now scooping them up..

They have to get in before the Monday open right?

[Gatekeeper]

it's called a bear trap

[arepo]

nothing to see here, just market forces that many are responding to.

because of the short but strong bull run we just witnessed, if we break through these serious resistances it will signal a strong movement up, in continuation of this strong short-term trend. if we fail to break through the resistance it will be a signal to relieve the selling pressure (from the larger downtrend) that's been building up in the askwall.