Post
Topic
Board Trading Discussion
Re: What the heck is happening to bitcoin!
by
CryptopreneurBrainboss
on 05/09/2020, 09:13:13 UTC
Is it manipulation? or just not breaking the resistance of 12K Area?
I am shocked of this recent drop and i am a long term holder, what do you think it will happen? just a correction?

I won't say this a price manipulation although that's what most of you are thinking's and wanting to hear too. The decline just has to be a healthy price corrections since the price has been dropping slowing within the pass 3-5 days. Infact this week hasn't been positive in regards to the price of all the coins. Manipulation can easily be observe like when the price of bitcoin falls suddenly and rises back, that's what I'll call a manipulate.

We don't expect the market to be ever green, some reds has to occur at some point and the best way to avoid falling victims is to be scared when everyone else is greedy. When the profits are coming if you know you won't have the patience to hold through the tough times, don't forget to take profit.