Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
12345mm
on 01/04/2015, 10:24:14 UTC
Every single time I buy the ******* price goes down.
APRIL FOOLS

market is currently being systematically shaken to death / price held down / books being tightly manipulated by someone with a looooooot of coin ... usually this indicates we'll be heading up but they've been at it for a longer than normal amount of time than is really necessary to test market strength ... for the last 3-4 days or so , as far as i recall seeing this , someone has been clogging the orderbooks (mostly on the ask side, but bid side as well) on finex with multiple round number walls , mostly 20/40/60 coins but other #s as well ... look for the duplicate orders , 4.75 and 4.75 coins offered at 1 penny difference , for example , and the 20 20 20 stacked a nickel apart - all the same entity , and not very subtle ... easy to see ... if i can see it everyone can see it ... and in addition to this there have been dozens of sharp shakeouts where presumably that person spikes the price down , price goes down $3-5 and then immediately buy back up $3-5 , then repeat clogging to prevent unwanted movement ... we're actually only down $5 or $6 total over these last 3 days , but with like 3 or 4 dozen different fake mini crashes in that range ... roughly every 2-3 hours or so , like clockwork ... looks like the market may be finally crying uncle at this point though and pushing below 240 instead of being held at 245-250 ... it's anyone's guess how long they intend to keep this up / when some other whale will push back ... it's possible if this keeps up we'll be just dragged down a few $ every day until the floor eventually drops out ... 230 may be imminent , probably 220 if that happens , after that who knows , sub 200 is even possible if they keep consistently pushing the market around like this / actually succeed in causing a significant crash ... it suuuuucks to hold through all this bs action ... but as long as you recognize the pattern , you can make easy $ off their obvious shakeout manipulation ...