Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
chessnut
on 17/04/2014, 10:10:06 UTC
Huobi at 496...  stamp at 490. what's the problem? the market was falling before all the announcements..... just a natural correction.
Don't you think its even a little bit suspicious that each of these announcements is preceded by a large dump, right before the news is made public?

Actually no not at all. I have been expecting this dump for more than a day. EW analysis often seems to coincide with news, because news affects the market the most at extremes of sentiment.