The graph doesn't start at zero though, so it's a bit misleading. But still not a good sign.

And LOL a tiny buy pushes the price up to $112:

perhaps all bulls are waiting in the starting blocks around 100$ to rally back up to 120$.

I Agree. And personally am one of them

At 100-105 there is no way it will return and stabilize at 120 again, maybe around 110 but not 120.  After each push back a new lower support is formed, which would confirm a slow slippage downwards

Here we go?



Yup.

That jump to $165 worked out real well didn't it ?

Now we retrace.

In all honesty I am a happy bull but I have been speaking with many people in the community as well as people who wish to get into BTC and the common response from everyone is that it's just too high right now. From the poker players to the Silk Road users to the noobs. Many people want to see $50-$75 again so they can feel "comfortable" buying in or paying for their habits.

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

I'm usual have the bull in my blood, but feeling the bear lately. I'd love $10,000usd per coin by Christmas but I think that is just way too high.