Critical week for Banks and Bitcoin. The FOMC meeting is important to predict the direction of all markets. Macro factors are still bearish. Chances of a blackswan are likely.
I'm sure it'll be 'a big dirty bird' of some type, not sure it'll be in the scope of the grand metaphor though, crypto is already scraping the bottom
simplejoe1
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do you think the btc pump is a manipulation?
ViradJain
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@simplejoe1 i can't prove the manipulation but i can tell you that it's easy to manipulate Bitcoin because of its small marketcap.
simplejoe1
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@ViradJain, yes. the big manipulators wait for an excuse. if that's the case, then i'm not sure how much trendlines are worth. it really depends on these manipulators. you agree?
ViradJain
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@simplejoe1 the most probable scenario is that they fake a breakout of this channel only to touch the bottom of the channel later.
simplejoe1
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@ViradJain, there are some FOMO clowns on twitter calling for 1M bitcoin in 90 days. crazy