Post
Topic
Board Trading Discussion
Re: Bitcoin price manipulation are becoming too obvious now.
by
cryptic4000
on 22/11/2019, 09:28:20 UTC
We know manipulation is real but it becomes predictable? For me still the prices are too much unpredictable and the rate increases only by days passes,even we met 6% price dump on the bitcoin price seriously anyone expected this?
The market is in red status, is this because of the manipulation? In the past history this situation already happened and just repeating itself. I dont think market is predictable because if it does then many investors sell everytime there's a price recovery and they should not wait for further growth of their coins.

Seeing the coins in red status can trigger those weak investors to panic sell. If whales are waiting for major dump of these investors so they can buy back then this situation wont stay for long we can expect a recovery.
In the last 2 days, the market continued to go downtrend and this makes things more and more difficult in the future. Currently there are not many good options for investors and you should be more careful when trading because large fluctuations can greatly affect current profits. In my opinion if whales continue to manipulate this market then surely in the next few years you will not be able to make any profit.