Just remember that there are people here with enough coins and fiat to take everything you have. Consider him a potential coin-predator: Assume he has all the 'buy bids' for the next $100 down. The market is quiet, you are nervous, he is waiting. He wants to buy coins cheaper then the current price, so he happily convinces you that more cheap coins can be had between $100 and $200, you sell your coins on the market, unknowing that he has a stake in many of the buy orders going down the next $50-$100. And you place your buy order at max $200, which means you've been tricked into thinking the price will drop unrealistically low, but at the same time he doesn't need to compete with you to buy back the coins, at the price point you just sold at- he's convincing people who sell, to not try and compete with him to buy the coins back.

Be wary my young friend. There is no free advice here.

The mysterious account that made the investment had at one point accumulated 77,600 bitcoin, mostly through “mining” operations, an amount which would now be worth approximately $64 million.

Looks like we finally found the real true 64 million dollar question! Is this bullish? Or bearish?  

Not certain it will happen within the next 24hrs, but by Friday for sure!

What if btcchina is actually busy forming a massive bullish pennant right now?

Looking at the bigger picture.

Excellent, everything is going according to plan....