It was Manipulated.
Have you noticed folks what happened past weeks.
Crypto Investor - You wanted to see if large quantities would affect the market?? Well here it is !!!
I didn't pay attention at first, but I remember past weeks several times in different altcoins, there were huge unusual market purchases, with 100's BTC's worth and more, it produced spikes and even started rally's.
The prices went everywhere too high too fast - creating a bubble and it makes people unsure.
Instead selling at the top, those same large quantities were sold after the action at market price, just before the first crash, when all action was over,, just at a time when it is calm and when there is low volume.
What effect do you think that produces ???
I can't imagine a trader who would do that here ???
I observed it again, in several altcoins when the dump was happening just before the second crash.
Its not China news, its not the coming Chinese new year
But someone wants those prices down. I'd love buy more lower but this is enforced upon us for their own agenda !!!!!!!!!!Wall street's Futures are down - So BTC has to go down, (seems there is more Profit in futures when spending a little money pushing Btc down)
Same large market orders to sell, were dumped with Gold and Silver 1.5 week ago, go check for yourself ! (nobody throws their gold away, this was intentional)
Even bitconnect had a suspicious ddos attack past days.
We all know how the future BTC price will be. Let the crypto market do its thing and it will go up in waves slowly but surely and recovers nicely from any dive. Start manipulating and it will go down or become erratic.
Are we gone let us being manipulated,, Up and Down dictated by Wall Street futures???
Or make them lose even more of their money?
Bitcoin Futures, looks just like BTC chart.
By being prepared.
We can catch their dump low below.
If everybody places a very , very low limit buy, at calm hours.
Then you can catch it at a very good low price, make them lose even more money, make them pay their futures very expensive and benefiting from it. (don't worry it will nicely come back high up, from very deep)
How can we sabotage this manipulation ?? Anybody here any other ideas??
RE: When to Buy Bitcoin Now Post-Crash and Why