redking75

BTC - Bitcoin - Triple Bottom - Lowest RSI since September 2015!

Long
redking75 Updated   
BITFINEX:BTCUSD   Bitcoin
Alright, so who is keeping BTC down and why?
Government? Banks? Private group that's very wealthy? Wallstreet?
I don't think anyone can really arguing that BTC price isn't manipulated.
Let's look at some pretty clear patterns:
Clearly dumpoffs by someone trying to drive BTC down, and this has been going on for most of the year.
Now I 100% understand the market and correction, downtrends and etc.... So save all that if this is your argument.

This is market manipulation at its best.

Nonetheless, we now have a triple bottom on BTC, and the lowest RSI since September of 2015!
This bottom has been tested 3 times now, and I truly believe we may finally see the end of this nonsense.

Let BTC rise!
Comment:
Think about it this way, do you really think late investors that bought into BTC between 10k to 20k are selling off? The answer is simple, NO.

Well, could it be the early guys who had 1000's of Bitcoin when Bitcoin was only $200 or less?

NO. If they where going to sell off, they already would have. If they haven't, they are not going to dump off with the prices this low. Most anyone who got into Bitcoin sub $1000 and hasn;t already sold off is holding for longterm, period.

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