Massive Bitcoin Buys in Asia
Reports of massive Bitcoin Buyback in China circulating gain credibility http://t.co/PhNidqe4lp shows large buy orders originating from asia. - COINSPRINT (@coinsprint) January 14, 2014. This is the view from fiatleak.com showing a flurry of bitcoin buys in China: Here is an update one hour later:
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For a couple of minutes ago we witnessed a massive buy of Bitcoins at the Bitcoin exchange Mt. Gox. If you take a look at the graph below you can see buy orders of more than 2000 Bitcoins which is a buy order of more than 2 million USD with the current prices at Mt. Gox. Massive spike in Bitcoin buy orders at Mt. Gox. Some of the major events this weekend must include the Bitcoin conference in Miami that Kyle Torpey wrote about yesterday. Then we have a great analysis from Gordon Geeko including a video analysis that will come out later today trying to break down the shifts. We could see....