Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
realr0ach
on 27/11/2019, 02:54:47 UTC
hopium

Market riggers attempted to paint the tape forming support at $10,000 for a while - rejected

Same thing at $8000 - rejected

It would likely need to visit a minimum of $6000 now at the very least where they will attempt to stabilize the scam patient once again.  Then they would either attempt to manipulate it back to $8000 again, or probably dump to $4k since we seem to be working in 2's here and there's no real buying activity.  

I would prefer not to have a cataclysmic dump instantly to like $1-3k because they might be able to shake out coins in that manner, monopolize the float like the last pump and dump to $20k, and raise the market higher.  As long as they can't shake out any coins or monopolize the float, then Bitcoin can have a nice, slow fade to obscurity and die, banished to hell for the sin of pretending to have any value at all compared to physical metals, while a sea of morons chant "$1 trillion per coin any second" in the background.