Post
Topic
Board Speculation
Re: Roger Ver's trick to drop BTC to $1300: a call to whales to SELL NOW PLEASE!
by
iram1011
on 17/11/2017, 14:45:15 UTC
I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!
You are wrong in analyzing that. Who said they didn't wait to check $5k support? BCH was still in pump, meanwhile Bitcoin went to $5800 and instantly rebounded back to $6250. Ater that too BCH was pumping. This shows support was strong at $6k+. Roger and the group executed the pump to test the lowest support and end up dumping after $6250 as Bitcoin was strong there and they weren't able to shake market sentiments below that.