Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
savetherainforest
on 10/06/2016, 21:46:51 UTC
How would you describe the last 3-4 days of market trading? Does it look like accumulation? Been staring at charts to much today. Just wondering.

The thing is that the big scary dragon is buying ... a lot! ... but by the amounts he buys, it does not make sense to sell now.... just the little fish seem to sell and some mediocre dumpers.

But ... the weird complicated thing is that he will not sell at a loss! When he/they will pump it will go to a high of a bubble that can't be reached too often.

So basically I see him buying and buying ... then going directly to $2500 - 7500$ ... as an astronomical amount for others and when he dumps he will force the others to keep their price so they don't encourage losses.

If he succeeds this, he/they will created a huge shortage of coins that will force the price to stay above 2500$+ and maintain the position of the needers, for the people to maintain confidence and profit.