coinstar01234

Someone tried manipulate death cross, but.......

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Some one tried pumping the money right at death cross to manipulate it, but I am affraid this would be fruitful.
Reason as I think : Death Cross is characterized by 200 MA & 50 MA
So in order to be really effective overcoming the death cross, one need to be able to pump the money for at-least 50 days, so that the 50 MA going down immediately after death cross can be reversed.
Let us see what happens, I may be wrong but I chose to wait and see how the 50 MA line moves after death cross.

Not a financial advise, please do your own research before investing

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