$300 drop in one hour at the stroke of midnight ! for COINBASE:BTCUSD by rn0269

trendanalysis chartpattern indicator btcusd btc btcusdlong btcusdshort btclong

I don't know but seems a little fishy to me.
possibilities :

. Faketoshi attempting to prop up his sh*t coin ?
. Bear Trap ?
. Multiple attempts at breaking $4000 resistance failed ?

* What say you ?

Comment:

. Institutional shorting ?

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