Topic: [2018-04-30] Bitcoin Down but not Out, an Afternoon Rally on the Cards (Read 81 times)
April 30, 2018, 03:50:00 PM
I like how the obvious 1000 BTC dump manipulation attempts of a while back are no longer present, which is a clear indication of how whales have accumulated enough coins to no longer artificially create selling pressure. The dumps were meant to keep the price below the $7000 level, but they respected the bottom of $6000 which was a sign for me to buy whatever I could, and I'm happy I did. If the intention was there, they could easily tank the market far below that $6000 level, but they didn't. People often complain about whale manipulation, but they don't realize how it not only helps the whales, but can also deliver a fantastic opportunity for others.
April 30, 2018, 10:18:29 AM
Bitcoin gained just 0.69% on Sunday, following Saturday’s 4.74% rally, to end the day at $9,409.4. The weekend’s positive moves saw Bitcoin log a 7.03% rise for the week, Monday through Friday, trailing Bitcoin Cash by quite a margin.
An early morning intraday high $9,565.1 saw Bitcoin fall short of the day’s first major resistance level of $9,645.27, bucking the trend among the other majors, with Bitcoin continuing its struggle to move through to $10,000 levels.
Bitcoin saw a pullback through the morning to a day low $9,180, with Bitcoin managing to avoid falling back through to sub-$9,000 levels for the first time since Tuesday.
Read more https://finance.yahoo.com/news/bitcoin-down-not-afternoon-rally-063343295.html
An early morning intraday high $9,565.1 saw Bitcoin fall short of the day’s first major resistance level of $9,645.27, bucking the trend among the other majors, with Bitcoin continuing its struggle to move through to $10,000 levels.
Bitcoin saw a pullback through the morning to a day low $9,180, with Bitcoin managing to avoid falling back through to sub-$9,000 levels for the first time since Tuesday.
Read more https://finance.yahoo.com/news/bitcoin-down-not-afternoon-rally-063343295.html
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