Post
Topic
Board Speculation
Re: The next Bitcoin manipulation prediction
by
mk4
on 29/04/2021, 06:19:14 UTC
That's true but when the "correction" happens after a large scale FUD campaign (in this case: hashrate drop, China controls bitcoin, bitcoin is dead campaign) then it is not such of a correction but a manipulation panic sell.
There is also difference between the time it took for the drop. A correction is always slower and for example a 10% drop takes much longer than half an hour. A panic sell due to FUD on the other hand is always super fast like this case.
Also we already had a correction after going above $60k between March 13 to March 25. Having another one in April doesn't make much sense.

Yeap. Though it's really unfortunate how in freakin 2021 people still get affected by FUD, I really don't mind it that much. More flash crashes means more opportunities to grab some cheap bitcorns I guess. 🤷‍♂️