These past couple weeks have been VERY frustrating for those of us who know what we're looking at on the charts and have therefore been sidelined waiting for correction. I'm with you on the fake-out theory though, but like you said, time will tell, :-). Thanks for the analysis DadShark, I really appreciate the input (valuable).
Andbcoin
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@jeremy.jacques79, Same here. This last movement was a fake. A clown bought 20,000 BTC in a single trade when the price was exhausted. It had to retrace, but went up as hell indeed.
W3rN0tAl0n3
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@Andbcoin, :-) Hang in there bud- we're coming back down to reality now - all the best.
six19trading
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Every market is manipulated. I find it a weak argument. The trend are defined by market makers who draw liquidity on the retail traders like you and me
Thanks for the update guys. I think you point out some very interesting things that do need to be considered as far as "manipulation". We're simply riding the trends on BTC right now and scaling out as we go. Thought this video we just did might be a good one to take a look at since we are seeing less fakeouts with our strategy than most are. Have a great day and be blessed!