Parallel demand and supply buildup - explenation?

[roos]

Is there an obvious explenation for the continuous parallel buildup of both demand and supply over the last couple of days.

Bitcoinca hedging?
Simple demand/supply?
Leveraged position defences?
Preparation for a manipulation move?
Nothing, sooner or later they will agree on a price at the current level?

Other suggestions?

[Seal]

Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends

[roos]

It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level.

[notme]

It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level.

Wait, watch, see, know.

[roos]

It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level.

Wait, watch, see, know.

I waited, i watched someone poke the demandwall seeing it stay there nevertheless.
What to learn from that?

[notme]

It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level.

Wait, watch, see, know.

I waited, i watched someone poke the demandwall seeing it stay there nevertheless.
What to learn from that?

Expand your timeframe... You'll go nuts watching bitcoin minute-to-minute.... trust me.

Buildup leads to a flurry of activity that brings the order book back to normal levels.  Rinse, repeat.

[stochastic]

Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends

I will be looking at which day of the week and what time during the day that trading is the heaviest.  I will post once I am finished.

[RyNinDaCleM]

Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends

I will be looking at which day of the week and what time during the day that trading is the heaviest.  I will post once I am finished.

I think your findings will be inconclusive. Day of the week, beginning/end of the month, Holidays, Tax season (in USA), etc. There are too many variables to say "Wednesday is the day to sell, and Saturday is the day to buy".

Just my hypothesis.