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DrJLT
Jun 28, 2019 10:47 AM

Bitcoin continues to distribute: follow up to my previous vids Short

Bitcoin / U.S. dollarBitstamp

Description

Hi, this is a follow-up to my previous videos:





Comments
ssari
Makes a lot of sense. I used the pitch fan with the same result. What rings true is the manipulation where I saw it over the last two days on Binance with $60 M dollar (5000 BTC0, with minimum of 8 Million dollar orders at key points of the pattern, steering it to a certain shape.You can see 2 whales fighting over the formation. Thanks for the video as it prepares one to take extra caution towards the top end, etc. Happy to follow your psotst.
DrJLT
@ssari, thanks. I don't follow this closely, TBH. We have a blockchain project, so BTC is kinda affecting us. For this reason, I look at some charts and trends.

One thing I would comment on what you just mentioned is that it doesn't have to be 2 whales: could be one group that manages price precisely, and let the small guys take out their sell orders. of course, could be 2 as well.
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