Whales put a ceiling (sell wall), create panic sells, while their buy orders get filled. Then they put a buy wall, creating panic buys until the next ceiling or sell wall, repeating the process. And the result-- whales make profit and accumulate at the same time. Welcome to the game.
I don't get. I can't.
31btc - 18500 AGAIN kinda a closing cycle repeated a few times per last hours.
What's the point?
That's not looking like circumspect tactic, and important - the fact we having that wall at the moment doesn't oblige everyone to sell as everybody aware 30btc in a size of volume 600btc can be
eaten is seconds, but noobs continue to sell. Does this calembour make practical base for accomplish or not accomplish some planned gains or help to accumulate more? All who wants to grab done
with this, what the aim of artificial refraining the price which tries to go up? That's an epilogue of delirium, finish stop, no further ways to moving for such an asshole. Why not coordinate a price in
slow uptrend mode, every holder with brains substantiates a ceiling, time and point to exit and working for price enlisting the positive news as helpful support. Now, the fact of stupidity is
obvious. How can you help stabilizing 17K if u already have a few hundred thousands that can easily sell half of so at the peak 30K if not more before thursday?
What an idiot putting this fckn advertisement of his stash.