Post
Topic
Board Speculation (Altcoins)
Re: No bull market in 2020
by
SvonioneFromMangoCoinz
on 15/01/2019, 16:37:59 UTC
We are seeing more and more futures exchanges becoming popular, bitmex, okcoin, huge daily volume. I can be sure that whales are profiting from the futures trading market by manipulating bitcoin prices.
It’s too hard to want a bull market, even now the price is low. Bitfinex doesn’t buy Bitcoin again.
The current market situation is that the whole sea is full of whales. So there will be no bull market in 2020. Whales will continue to profit on futures.
When the market is not growing, it also means that whales have low profits or no profits. Because in the crypto market is a psychological fight between traders and whales.
They always make the market volatile to profit from traders who buy at high prices. No need to wait until 2020, 2019 the market will automatically recover gradually.