people build bid walls on top of other peoples bid walls some of those are fake and some are genuine.
Most of my successful trades were identifying a large buy/sell wall and placing an order immediately in front of it. In an environment like this, however, someone is clearly selling no matter the consequences
and when they are done, whoever bought up all their sells is going to let things float higher.
Does anyone know if that Bruce character is still involved with Bitcoin? With all the info that seemed to point him to being at least associated with MyBitcoin, it could be he's getting out while the getting is good.