Real_inwCoin
Short

WOW! This is the reason why BTC Price going to hell!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
From my last analysis, I thought the 4 months up and down cycle will continue and BTC price will going up to test 9000$ by June 2018... But I was totally wrong!

But now I get it!

It's easier to suppress the BTC price down because there are few players in the market right now. So the last time CME future was settle, BTC price was around 7700.

But since they suppress the price to reach 5800-6000... they can get fat profit around 25% ( 7700 -> 5800 )

So... What will be the BTC price for next CME settlement? If they mark -25% down, the price will be around 4500-5000 by August 2018.

SHORT!!!!!!!!!!
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Comments

actually would be easier to increase price at these levels can you guarantee a short happening nope go ahead.
Reply
Real_inwCoin IONCHRONO
I think it's hard to increase price nowaday because few people are in the market now. IMO, price suppression is the easiest way for the big players like CME or CBOE to make big profit from shorting BTC.
( Few ppl = low volume = easy to dump the price down )

I think they will dump the price to the point that no one interest in cryptocurrency/bitcoin anymore and then start to accumulate coin for the next pump. ( maybe in 2020 )
Reply
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