Where your hard-earned money comes to die. Home.
|
 |
 
|
These markets are terrifyingly manipulated
Poast new message in this thread
Date: April 21st, 2018 10:01 AM Author: Primrose adventurous jewess I've been following BTC's price action over the past 6 weeks to time my entry into a couple of juicy alts.
It was basically tanking until some entity or entities propped it up in the $6k range. Then those same entities strategically pushed it up over various prices in order to "break" certain resistance levels that are important to technical traders (i.e., make everyone think that a bull market had returned).
You can see on this image from yesterday's surge that one or a couple of entities just start ripping through the order book to push the price above a certain target. Each green circle is a 20 BTC or more buy.
http://i.imgur.com/r2G6xjd.png
It could either be some holders with long positions, or even an exchange(s) hoping to get more volume back.
I don't hold any BTC, but LOL at people "investing" or trying to trade it when it is completely at the whims of a few market makers.
|
 |
Date: April 22nd, 2018 3:58 AM Author: Carnelian Striped Hyena agreed (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892816) |
|
Date: May 2nd, 2018 10:01 AM Author: Glassy Bateful Philosopher-king you only now realized this? this is why i’ve always been so disrespectful of technical analysis people or people that have retarded explanations for incremental price movements. the markets are unregulated and still thin as fuck - the prices moved wherever certain people want (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35965132) |
Date: April 21st, 2018 8:45 PM Author: racy school cafeteria giraffe The fundamentals are strong (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890926) |
|
Date: April 21st, 2018 9:30 PM Author: Balding citrine telephone (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891183) |
|
Date: April 21st, 2018 8:48 PM Author: motley beta piazza What are you saying? 50/50 we see another crash into the $6k range? (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890945) |
|
Date: April 21st, 2018 9:15 PM Author: Primrose adventurous jewess No, I am saying it will go wherever 5-10 entities want it to go. There are no fundamentals at the moment (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891088) |
|
Date: April 21st, 2018 9:29 PM Author: Balding citrine telephone I've been saying this for a long time: whale pumps and dumps drive the price and you can see them happen if you watch the 1H price tracker on coinbase (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891176) |
|
Date: April 22nd, 2018 3:47 AM Author: Comical Location koreans are a stronger force than any whale
koreans go batshit = market moon (especially shitcoins)
koreans panic = market tanks (especially shitcoins) |
|
Date: April 22nd, 2018 12:10 PM Author: Maniacal milky indian lodge party of the first part Bloody terrifying (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893757) |
|
Date: May 2nd, 2018 5:28 AM Author: arousing heaven digit ratio (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35964503) |
|
Date: April 22nd, 2018 12:25 PM Author: Vigorous elite stage Yes, what's weird is that ETH and BTC move in tandem by the second - so obviously a few large whales are manipulating both at once. (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893837) |
|
Date: April 22nd, 2018 1:31 PM Author: Tripping box office What's on the chart? Bubbles scaled to order size? (http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35894206) |