Post
Topic
Board Trading Discussion
Re: Easy to bring down BTC price?
by
Kiweikoo
on 17/09/2018, 11:41:54 UTC
If big company will enter to this market definitely they are targeting on their profit.So we have to face them
How many of you will be facing them. Actually, what the big ones will be doing is to drive away weak hands from the market, drive it down enough to a point that seems realistic to them and then start buying in at that point as much as they can with all those weak hands coming back to join FOMO later on.

Bringing down the price for those who have the money and funds to do so is something easy at least for a speculative market, as they buy the dips the create enough volume upward, and then market participation kicks in and then when it hits a stage where it starts getting weak and they feel there is no need to drive it further, they sell and the same process repeats itself backward.