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These markets are terrifyingly manipulated

I've been following BTC's price action over the past 6 weeks...
Trip dark set philosopher-king
  04/21/18
agreed
Buck-toothed Fuchsia Dog Poop
  04/22/18
you only now realized this? this is why i’ve always been so ...
coiffed location
  05/02/18
The fundamentals are strong
Puce Address Persian
  04/21/18
...
Vigorous chad
  04/21/18
What are you saying? 50/50 we see another crash into the $6k...
maniacal roast beef
  04/21/18
No, I am saying it will go wherever 5-10 entities want it to...
Trip dark set philosopher-king
  04/21/18
I've been saying this for a long time: whale pumps and dumps...
Vigorous chad
  04/21/18
koreans are a stronger force than any whale koreans go ba...
Electric maroon business firm
  04/22/18
Bloody terrifying
beady-eyed offensive private investor
  04/22/18
...
magenta crotch
  05/02/18
Yes, what's weird is that ETH and BTC move in tandem by the ...
Impressive infuriating patrolman institution
  04/22/18
What's on the chart? Bubbles scaled to order size?
Laughsome tattoo
  04/22/18


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Date: April 21st, 2018 10:01 AM
Author: Trip dark set philosopher-king

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.



(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35887603)



Reply

Date: April 22nd, 2018 3:58 AM
Author: Buck-toothed Fuchsia Dog Poop

agreed

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892816)



Reply

Date: May 2nd, 2018 10:01 AM
Author: coiffed location

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

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35965132)



Reply

Date: April 21st, 2018 8:45 PM
Author: Puce Address Persian

The fundamentals are strong

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890926)



Reply

Date: April 21st, 2018 9:30 PM
Author: Vigorous chad



(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891183)



Reply

Date: April 21st, 2018 8:48 PM
Author: maniacal roast beef

What are you saying? 50/50 we see another crash into the $6k range?

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890945)



Reply

Date: April 21st, 2018 9:15 PM
Author: Trip dark set philosopher-king

No, I am saying it will go wherever 5-10 entities want it to go. There are no fundamentals at the moment

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891088)



Reply

Date: April 21st, 2018 9:29 PM
Author: Vigorous chad

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

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891176)



Reply

Date: April 22nd, 2018 3:47 AM
Author: Electric maroon business firm

koreans are a stronger force than any whale

koreans go batshit = market moon (especially shitcoins)

koreans panic = market tanks (especially shitcoins)

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892802)



Reply

Date: April 22nd, 2018 12:10 PM
Author: beady-eyed offensive private investor

Bloody terrifying

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893757)



Reply

Date: May 2nd, 2018 5:28 AM
Author: magenta crotch



(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35964503)



Reply

Date: April 22nd, 2018 12:25 PM
Author: Impressive infuriating patrolman institution

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.

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893837)



Reply

Date: April 22nd, 2018 1:31 PM
Author: Laughsome tattoo

What's on the chart? Bubbles scaled to order size?

(https://autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35894206)