Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
k this is bottom....
If you are the market manipulator and dumper you can say this, otherwise you are just guessing. Really.
welcome to the speculation sub-forum
Yea that is true, but just make sure that it is not about what we want, but what they want. And any observation is true as the oposite one.
If they want bounce they will market buy 2k and set bid walls, if they want to reject bounce after 15% drop in 24h, they will set walls to prevent it. They are smart. Cause they know what we think and how we behave, but we don't know how they think and what is their plan - but we know what is their end goal (but that doesn't help us much as it looks like).
Is "their" end goal BTC/USD @ 0$ or accumulate as many as possible( if the latter one , than you wouldn´t have much to worry about((only if you´re not in a leveraged position of course))
)Honestly this is the question we don't know for sure the answer, but we know that they are not selling off (going out of BTC) - it would be much more simple and much more profitable to sell it on OTC - even 50k+ coins. But much more believable is, that they want to accumulate cheap (maybe even through cheap OTC bulk buys) and rinse & repeat the bubble. Being end goal BTC at 0 is low probability, cause they were probably early in the game and understand the things well, this would be possible only in the case if someone is doing this who doesn't want BTC to succeed (banks, gvt...). Or if these coins are stolen and they really have xxx.000 BTC (but probably exchanges would get them). But all this killing BTC in imo less than 10% chance.
And remember - China is not the cause of all this rise and fall, its the tool.