Who's selling just now - 84.80?

[Mouser]

Who's selling just now - 84.80?

Miners in for the long term (years)? No.

Investors who bought at < 65? No.

Newbies who bought in >200? No.

Yet there are hundreds of thousands of people around the world who want to get their hands on at least a few BTC.

Economics 101; demand is over 1000 fold greater than supply - result is in however small increments the price is going to consistently rise. Daytraders may inject lability through .01 puts and calls, but the demand will slowly but surely increase the average price of BTC.

When speculators get a whiff of the true value of one BitCoin a temporary bubble results and breaks, but the trajectory of BTC can go nowhere but up as long as interest in acquisition maintains or increases.

Global interest is increasing daily.

Go many. Go long.

[xorglub]

I guess bots, mostly.
Arbitrage bots, scalping bots...

[arepo]

we're still technically in a bear market. i'd advice against throwing caution to the wind for at least a few more days

[DutchBrat]

I bought @ 52 yesterday.... Sold @ 75 today and am now bidding 60

Buying and selling is what makes a market

[waspoza]

we're still technically in a bear market. i'd advice against throwing caution to the wind for at least a few more days

Exactly. We din't even had single (closed) green candle yet.

[Ekaros]

Day traders? With 10 dollar or so difference isn't there money to be made?

[smoothie]

we're still technically in a bear market. i'd advice against throwing caution to the wind for at least a few more days

Technically you should zoom out on your time fame to months/years. Bull market in tact.