snookerer
Short

A possible result from current Bitcoin manipulation.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe manipulation is in full effect currently as these exchanges are trying to cover their butts to liquidate leveraged shorts that have been stacking. As a result this will extend the length of our current bear market, cause a much faster and harder drop and possibly take us to lows lower than previously expected by even the most bearish of bears. Sleep tight! :)

Comments

Agreed.

How does BTC go parabolic cut through the strongest resistance like its butter whilst Bitfinex/Tether are on the cusp of being sunk and the largest exchange isn't allowing capital to flow through? My 2 cents: Bitfinex, Tether and Binance know their USDT will shortly be worthless so they've tried to exchange as much Tether for BTC as rapidly as possible to raise cash and eventually dump on retail. To assume all these events are simply coincidental seems naive but I am no expert. If I'm missing something or off base please share your thoughts with me.
+43 Reply
iera Dame1980
@Dame1980, Nope, you nailed it
+7 Reply
@Dame1980, i think you are spot on as the Brits say.
+2 Reply
mike4theike Dame1980
@Dame1980, would not a lot of tether holders converted to btc...or cash?...wholesale brokers are buying the market...SEC will blow whistle very soon.
Reply
V1king Dame1980
@Dame1980, "Bitfinex, Tether and Binance know their USDT will shortly be worthless so they've tried to exchange as much Tether for BTC as rapidly as possible to raise cash and eventually dump on retail."
Any evidence for this?

Reply
majic92 Dame1980
@Dame1980, all right look the latest volum all best was in usdt
Reply
There is no such thing as a bear market rally in which an asset doubles in price. Look at a monthly chart, if you don't see a bullish reversal and higher prices ahead you need to pack it in.
+21 Reply
MB555 pjckrakencrypto
@pjckrakencrypto, this price movement is not healthy
+4 Reply
@MB555, just like in 2016?
+3 Reply
V1king MB555
@MB555, in comparison to what? The other revolutionary digital assets, with no boarders, centralized control and 10 year history?
This is technological advancement more that anything else.
Reply
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