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These markets are terrifyingly manipulated

I've been following BTC's price action over the past 6 weeks...
Topaz sanctuary brethren
  04/21/18
agreed
Erotic Buff Meetinghouse
  04/22/18
you only now realized this? this is why i’ve always been so ...
zippy black step-uncle's house
  05/02/18
The fundamentals are strong
Charcoal Legal Warrant
  04/21/18
...
maniacal lay
  04/21/18
What are you saying? 50/50 we see another crash into the $6k...
Primrose pervert
  04/21/18
No, I am saying it will go wherever 5-10 entities want it to...
Topaz sanctuary brethren
  04/21/18
I've been saying this for a long time: whale pumps and dumps...
maniacal lay
  04/21/18
koreans are a stronger force than any whale koreans go ba...
obsidian arousing garrison karate
  04/22/18
Bloody terrifying
Angry gas station
  04/22/18
...
Territorial trailer park
  05/02/18
Yes, what's weird is that ETH and BTC move in tandem by the ...
doobsian mahogany base
  04/22/18
What's on the chart? Bubbles scaled to order size?
Razzmatazz institution giraffe
  04/22/18


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Date: April 21st, 2018 10:01 AM
Author: Topaz sanctuary brethren

I've been following BTC's price action over the past 6 weeks to time my entry into a couple of juicy alts.

It was basically tanking until some entity or entities propped it up in the $6k range. Then those same entities strategically pushed it up over various prices in order to "break" certain resistance levels that are important to technical traders (i.e., make everyone think that a bull market had returned).

You can see on this image from yesterday's surge that one or a couple of entities just start ripping through the order book to push the price above a certain target. Each green circle is a 20 BTC or more buy.

http://i.imgur.com/r2G6xjd.png

It could either be some holders with long positions, or even an exchange(s) hoping to get more volume back.

I don't hold any BTC, but LOL at people "investing" or trying to trade it when it is completely at the whims of a few market makers.



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35887603)



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Date: April 22nd, 2018 3:58 AM
Author: Erotic Buff Meetinghouse

agreed

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892816)



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Date: May 2nd, 2018 10:01 AM
Author: zippy black step-uncle's house

you only now realized this? this is why i’ve always been so disrespectful of technical analysis people or people that have retarded explanations for incremental price movements. the markets are unregulated and still thin as fuck - the prices moved wherever certain people want

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35965132)



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Date: April 21st, 2018 8:45 PM
Author: Charcoal Legal Warrant

The fundamentals are strong

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890926)



Reply Favorite

Date: April 21st, 2018 9:30 PM
Author: maniacal lay



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891183)



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Date: April 21st, 2018 8:48 PM
Author: Primrose pervert

What are you saying? 50/50 we see another crash into the $6k range?

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35890945)



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Date: April 21st, 2018 9:15 PM
Author: Topaz sanctuary brethren

No, I am saying it will go wherever 5-10 entities want it to go. There are no fundamentals at the moment

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891088)



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Date: April 21st, 2018 9:29 PM
Author: maniacal lay

I've been saying this for a long time: whale pumps and dumps drive the price and you can see them happen if you watch the 1H price tracker on coinbase

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35891176)



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Date: April 22nd, 2018 3:47 AM
Author: obsidian arousing garrison karate

koreans are a stronger force than any whale

koreans go batshit = market moon (especially shitcoins)

koreans panic = market tanks (especially shitcoins)

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35892802)



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Date: April 22nd, 2018 12:10 PM
Author: Angry gas station

Bloody terrifying

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893757)



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Date: May 2nd, 2018 5:28 AM
Author: Territorial trailer park



(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35964503)



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Date: April 22nd, 2018 12:25 PM
Author: doobsian mahogany base

Yes, what's weird is that ETH and BTC move in tandem by the second - so obviously a few large whales are manipulating both at once.

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35893837)



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Date: April 22nd, 2018 1:31 PM
Author: Razzmatazz institution giraffe

What's on the chart? Bubbles scaled to order size?

(http://www.autoadmit.com/thread.php?thread_id=3955667&forum_id=7#35894206)