Bitcoin manipulation: Wyckoff accumulation pattern
Whales and institutions change the whole scenario by using trader behaviours and they know everything better than us.
It’s been a brutal couple of weeks for the crypto market. Everything from Bitcoin to shitcoin has shed billions of dollars leading to a 38% crash across the board. The worst part is that every time it looks like the crypto market is recovering some sort of FUD manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the trend suddenly reverses and the FOMO strikes back. Now, it’s almost as if someone is trying to make you feel fear & greed at just the right time to move the market in a way that makes them money and leaves you empty-handed.
This has been both a meme and a common saying in the crypto space for many years and it sounds like nothing more than a conspiracy theory. But what if I told you that this is exactly and that there is even a way to predict these market moves in the advance.
Ask yourself this. What happens when every trader is relying on the same patterns and indicators? The short answer is that it makes it very profitable for someone to come in and disrupt the market by pushing the price above or below where most people expected it to go.
This is what Richard Wyckoff noticed over 100 years ago while working on Wall Street alongside Financial Titans by JPMorgan and Charles Dow.
Back then the average retail trader was constantly getting wrecked by institutions and large investors who would manipulate prices to essentially scare them out of their stocks and commodities.
t’s easy to forget that we’re not the only ones investing in crypto anymore. The institutions are here and they know much more about trading than we do. They know that most crypto investors don’t know much about technical analysis. They know that most people invested in crypto are consumed by fear & greed. They know all the patterns that seasoned crypto traders are looking for and how to manipulate them out of their positions.
Even while the market bled and the fud was flying institutional investors were buying the dip like mad. As Alex Becker pointed out more than half a trillion dollars was pulled out and put back into the crypto market in the span of just a few hours. That is not normal market behavior and it’s much more than retail investors could possibly afford.
Those are the footprints of the composite man. The institutional investors are playing by their own set of rules.
The craziest part about the Wyckoff Method is that it makes you question the utility of standard technical analysis. After all, the only way to beat the institutions is to play by their rules. Sticking to the basics is going to get you nowhere.
When you take all of this into account, the idea that someone is pulling the strings behind the scenes doesn’t sound like so much of a conspiracy theory. It’s just the way markets have always been.
The real conspiracy theory would be to say that all the institutions doing the price manipulation are using the media to facilitated by putting out fud and fomo at just the right time.
It’s been a brutal couple of weeks for the crypto market. Everything from Bitcoin to shitcoin has shed billions of dollars leading to a 38% crash across the board. The worst part is that every time it looks like the crypto market is recovering some sort of FUD manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the trend suddenly reverses and the FOMO strikes back. Now, it’s almost as if someone is trying to make you feel fear & greed at just the right time to move the market in a way that makes them money and leaves you empty-handed.
This has been both a meme and a common saying in the crypto space for many years and it sounds like nothing more than a conspiracy theory. But what if I told you that this is exactly and that there is even a way to predict these market moves in the advance.
Ask yourself this. What happens when every trader is relying on the same patterns and indicators? The short answer is that it makes it very profitable for someone to come in and disrupt the market by pushing the price above or below where most people expected it to go.
This is what Richard Wyckoff noticed over 100 years ago while working on Wall Street alongside Financial Titans by JPMorgan and Charles Dow.
Back then the average retail trader was constantly getting wrecked by institutions and large investors who would manipulate prices to essentially scare them out of their stocks and commodities.
t’s easy to forget that we’re not the only ones investing in crypto anymore. The institutions are here and they know much more about trading than we do. They know that most crypto investors don’t know much about technical analysis. They know that most people invested in crypto are consumed by fear & greed. They know all the patterns that seasoned crypto traders are looking for and how to manipulate them out of their positions.
Even while the market bled and the fud was flying institutional investors were buying the dip like mad. As Alex Becker pointed out more than half a trillion dollars was pulled out and put back into the crypto market in the span of just a few hours. That is not normal market behavior and it’s much more than retail investors could possibly afford.
Those are the footprints of the composite man. The institutional investors are playing by their own set of rules.
The craziest part about the Wyckoff Method is that it makes you question the utility of standard technical analysis. After all, the only way to beat the institutions is to play by their rules. Sticking to the basics is going to get you nowhere.
When you take all of this into account, the idea that someone is pulling the strings behind the scenes doesn’t sound like so much of a conspiracy theory. It’s just the way markets have always been.
The real conspiracy theory would be to say that all the institutions doing the price manipulation are using the media to facilitated by putting out fud and fomo at just the right time.
Trade active:
TEST phase and LPS was done. On the way to SOS phase.
