Oh yea, definitely not practical for predicting future bitcoin price. I don't trust the depth chart at all.
i find the depth data should be considered in a market where a large player can consume a wall (for instance, the one that WAS at $7.20 not so long ago) and cause an avalanche/roller coaster all by themself. these kinds of movements often belie other indicators.
She is swinging back up from the low $6.xx. Has been the take-off point for last 3 moves up.
All aboard everyone for the ride up to $7.xx once again.
you are dumb. too much downward momentum. too many failed expectations after not shooting to $8 two nights ago. this is a major correction and perhaps a reversal, if too many people get spooked. expect $5.5-$6 before resuming the uptrend, or only down from here.
i love being right.
i got out at $6.45 so screw yall