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Did Bitcoin just break 'Psychological $60' heading past $100 or will it crash? (bitcoinity.org)
1 point by SODaniel on March 20, 2013 | hide | past | favorite | 3 comments


Basically I am just speculating wildly, however I think that $60 may be a 'mental wall' for a lot of traders in BTC that could signal a quick movement either to/past $100 or trigger sell-offs.


Why $60 instead of $50 or $32?


Possibly it will catch the attention of traditionally bearish Babylonian investors.

http://en.wikipedia.org/wiki/Babylonian_numerals




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