Quote from: deisik on May 12, 2019, 09:24:16 AM

Quote from: virasog on May 12, 2019, 05:41:56 AM

Quote from: etherixdevs on May 07, 2019, 01:43:58 PM

Market still bullish, but now is consolidating between 5900-6200. If Btc broke 6200 resistance June can hit 7000

We do not have to wait for June. Bitcoin has already passed 7000$ in May. But i think all this big bitcoin movement is result of some manipulation by the whales. USD Tehther issue at bitfinex and Binance withdrawal disable can be considered as two major factor why the bitcoin prices are rising too high. I also have a feeling that once the binance will open withdrawal, the bitcoin might dump hard

I have essentially the same feeling

Though it doesn't look like a manipulation by the whales but rather exchanges artificially pushing the prices higher. I don't know a lot about Binance and the suspension of withdrawals there, but Bitfinex has likely started to print tethers all over again to boost the prices up (like they did in 2017) and through that try to close the liquidity gap they may have due to having 850M dollars arrested by the authorities

right, at least for now technically I see resistance has been broken, so it is expected that the uptrend will take place. for that we need patience waiting for prices, even better we help buy it