It looks to me as though support has been building up at 13.0 for the last few days, where the volume of sell orders have remained more or less consistent at 13.5 - could be mistaken though, I have not been glued to the screen. If I am not mistaken the number of buy orders at 12.5 have also been building and right now there are more of them then the supply that comes in at 13.5. From a technical standpoint I would guess it safe to say that we are in a period of congestion with range bound price. It is not uncommon that price action is fast and furious when breaking out of consolidation phases, so perhaps we could see a wild break out when it happens but I am not smart enough to time the market so I would not know. If price drops I would definitely buy more if the news was not too bad.
I have no clue as to what happens next week. Maybe more of the same, maybe not. What would be great, is if price could make a fast but small dipp to shake out some weak hands and then slowly, slowly climb "the wall of worry" with lots of trading back n forth that distributes the BTC. Then again, that is just me preferring slow and steady bull markets with just enough volatility so we can buy on the dipps.
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