FTC Chart analysis - huge periodic buys
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I was observing pretty much daily the btc-e chart.
Some days huge buys happend.
Instantly = that was orders eating 60BTC+ of FTC in second.
With that said I want to point out, that there is something big out there and it is buying FTC.
I can see something like periodic timespan between those buys.
If this trend continues we might see another buys within one week.
Lets observe :)
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There are also big dumps there sometimes. BTC-e have screwed up by not updating to v0.8.7.0 in time. They haven’t still. The miners have complained, the others have wondered and started to dump finally thinking there is something wrong with the coin.
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yes the trend indicates buys winning so far.
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BTC-e working fine now:
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In another perspective those buys look enourmous in FTC, but thats only because FTC is so cheap today.
Look at chart with buys measured in BTC, there was no huge pump yet.
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maybe now after the update we see more plp that want to buy ftc