Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm...
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.
Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress!
Progress.. yeah right!!! Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute.
However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices.
Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market.
That sir, is a very contradictory sentence. Lol.