How much did you lose on this? Or were you prepared for the take?
There are SOOOOOO many bots out there.
AND, soooo many more idiots that don't know how to use them.
Please don't go long on a fully manipulated market.
Granted, all markets, forex, stock, , ALL of them, have bots... but they have too, to protect against aggressive bots. OBVIOUSLY, Bitcoin , and cryptocurrency/ALTcoins do NOT.
The crash, was wholly the bot. Someone sold off, enough to trigger a badly programmed bot and that was the result. You can see the gap in the volume. It was a big sell off. Then the bot got hold of it. Probably triggered more bots and everyone with cold feet, fed into the downtrend.
Same principle> Pilot Induced Oscillation during Flight Test