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These markets are terrifyingly manipulated

I've been following BTC's price action over the past 6 weeks...
Pearly Box Office Foreskin
  04/21/18
agreed
hyperactive meetinghouse juggernaut
  04/22/18
you only now realized this? this is why i’ve always been so ...
Provocative garrison
  05/02/18
The fundamentals are strong
Olive Misunderstood Pit Kitty
  04/21/18
...
Flushed swashbuckling site
  04/21/18
What are you saying? 50/50 we see another crash into the $6k...
pungent cheese-eating candlestick maker dragon
  04/21/18
No, I am saying it will go wherever 5-10 entities want it to...
Pearly Box Office Foreskin
  04/21/18
I've been saying this for a long time: whale pumps and dumps...
Flushed swashbuckling site
  04/21/18
koreans are a stronger force than any whale koreans go ba...
Odious Seedy Love Of Her Life
  04/22/18
Bloody terrifying
ungodly theatre headpube
  04/22/18
...
soul-stirring boistinker
  05/02/18
Yes, what's weird is that ETH and BTC move in tandem by the ...
cerebral piazza
  04/22/18
What's on the chart? Bubbles scaled to order size?
multi-colored coldplay fan public bath
  04/22/18


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Date: April 21st, 2018 10:01 AM
Author: Pearly Box Office Foreskin

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: hyperactive meetinghouse juggernaut

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: Provocative garrison

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: Olive Misunderstood Pit Kitty

The fundamentals are strong

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



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Date: April 21st, 2018 9:30 PM
Author: Flushed swashbuckling site



(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: pungent cheese-eating candlestick maker dragon

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: Pearly Box Office Foreskin

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: Flushed swashbuckling site

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: Odious Seedy Love Of Her Life

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: ungodly theatre headpube

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: soul-stirring boistinker



(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: cerebral piazza

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: multi-colored coldplay fan public bath

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

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