Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So my best guess is, weak hands afraid to lose more than they already have
Also Wall St. is crashing us on purpose,
Sounds kinda weird to me. The fire power needed for such a crash... Plus, they would be selling at lost on purpose. That would be purely burning XX% of your money just to keep the other %. Unless they bought before the bull run but I doubt it. More like they caused the bullrun.
Maybe they bet long on the futures and bought, then put shorts on after the futures closed and stated dumping. They might be putting very low buy orders in and trying to crash the price enough to fill them. After they reload they can close their shorts at a profit, put longs on again and start pumping the price.
For every coin they dump there's probably ten more sold due to stop loss triggers and panic selling.