As i am looking at bitcoin chart now, BTC price just soared little bit in a short time.
It happened because of whale's move or not.
Btw, can anybody identify whale's move? If there is a way to see it, is there a tip for it?
And has anyone experienced BISPEX exchange known as its insurance funding?
Thx!
It is pretty difficult to identify the whales move but if you will just follow the market closely without thinking any negative then you can have a useful information as your basis to check if it was being done by whales or just a trespassing traders that wants to play with the market.
As what I observed, most of the whales are holding their assets for a long term one and they have people to spread a lot of hype in order to boost the market condition. Aside from it, I didn't experience yet any big whales that are playing with the market condition like the big whales are trading daily or weekly. But as what I observed with the market, it is within it's normal condition as the dip is not that big and not that long also.