Post
Topic
Board Speculation (Altcoins)
Re: Is the market currently being manipulated?
by
leavolnhals
on 21/11/2019, 13:18:13 UTC
usually before the pump, the market always falls. and today I see the market experiencing a decline, especially for bitcoin and several other big altcoins. in recent days bitcoin may be able to hold above 9k, but in the end it still falls.

then I wonder if this is really the downfall before the pump?
considering that soon we will enter the end of Q4 2019, and in Q2 2020 bitcoin will be halving. so now is the last time the Whales buy cheap btc. that's why the market was deliberately manipulated to make the price of bitcoin go down. and after that they pump slowly to look like market growth.

so what do you think, is my thinking wrong?
Your thinking is not wrong and it is telling the truth that is happening in this crypto market. Everything is a mess when prices are constantly fluctuating without control. The whales are trying to manipulate the price of bitcoin so that in a few months, they will buy bitcoin back and create a surge.
and this could be a good sign for us to hold USDT and wait for the price to drop below $ 7k8.