Quote from: TwSeventh on April 27, 2018, 06:08:08 PM

Quote from: wolfgang-95 on April 27, 2018, 10:39:00 AM

From the beginning of this pump in april I'm confused. All these runs seems fake and whale pumped and no new money is coming in. I get only bearish signals whenever i check charts but whales fuck all the TA and fundamentals. Can somebody with good knowledge clarify the scenario ?

it's because cryptocurrency's market was pure manipulation,
it won't move based on TA and findamental analysis because the price was decided by some people/group or organization.
the reason why we're seeing a lot of bear because they wanted to create an uncertainty,
why they did that ? to maximize their profit and position.

That's possibly like that, the market is controlled by some people / group or organization. If talking with alt coin, it is most possibly like that as a coin totally just in amount less than 1 billion USD. There are some people who own the fund more than 1 billion, surely they can control the price. But if talk with BTC, I think will be difficult to control the price except they are joined together. Just do a math for how much money required to control BTC price, totally around 17,000,000 x 10,000 = 170,000,000,000 USD. To control the market just need 100 billion USD, but I think now the big people is difficult to combine total amount of money with that value. I don't know if some trick to be applied then controlling BTC price just need much less amount.
If this case true, the price will be headed by them and we are here just to follow the movement.