I've noticed it for a very long time: Bitcoin often has a stable price for a long time, then suddenly drops hard or shoots up. It dropped a few times in the past week, and as usual, it's very stable for a while after the drop. Yesterday's drop is no exception:
What is causing this?
My guess is this is manipulation, and my next guess is someone is waiting for order books to be filled before placing another big sell (or buy) order which will cause the next price jump.
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What is causing this?
My guess is this is manipulation, and my next guess is someone is waiting for order books to be filled before placing another big sell (or buy) order which will cause the next price jump.
No spam
All my threads are now self-moderated to stop signature spam. I will remove all irrelevant posts. If you quote the entire OP, your entry will be deleted.
Once in a while I'll summarize posts and clean up this thread.