It stopped, you can zoom in and out as you please.
Maybe you mean it hasn't retraced 100%, it hasn't popped? I don't care, even if it goes 1000 tomorrow my point stands: it's manipulation.
Maybe you mean it hasn't retraced 100%, it hasn't popped? I don't care, even if it goes 1000 tomorrow my point stands: it's manipulation.
You bet it's manipulation!
And now that the market has just come through a period of trending around and under the 61.8% retracement zone from the ATH, if you were a whale, smart money, a market maker, how high do you think you could pump the next bubble, and how many bazillions of USD do you think you could cream out of the market when you decide that the high is in and start selling, and stop supporting? Would $500 really be your answer?
Well, i'm so far from being a whale....i wish i had those problems
If i have to guess those who make the market prefer the prices to stay low, because the percentage of btc they can take from trading is higher, this means it's easier for them to keep their advantage position. As for the pumps i say they'd pump high enough to raise social attention and greed but no way high like some wet dream extrapolations. After all what they don't make for a higher selling price they'll make from the number of bitcoins sold (and then bought back cheaper by means of same manipulation).