If we look at August 5 the bitcoin candle does look green in succession, but I think it's natural because bitcoin is trying to break resistance. Or this is indeed the whale that drives bitcoin to break resistance.
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And let's look at the current BTC, Bitcoin looks still quite stable in the resistance area and I'm sure tomorrow there will be a very significant move on the BTC. But whether the movement will be good or bad, from my analysis it will be a good move if the whales really try to pump bitcoin.
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Why always manipulation? Yes, because this is a decentralized market, there is nothing to regulate here, only those who have large funds can influence the market.
The popes have many ways to manipulate, they are free to do it directly or gradually, sometimes they do manipulations gradually every day.
~ snip ~
And let's look at the current BTC, Bitcoin looks still quite stable in the resistance area and I'm sure tomorrow there will be a very significant move on the BTC. But whether the movement will be good or bad, from my analysis it will be a good move if the whales really try to pump bitcoin.
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Why does it always have to be manipulation? This is really sad. Every time people see the price rising, there are always some group of people that starts on screaming price manipulation. Yeah, manipulation does take place, but this is not how the manipulation works. In manipulation, we see sudden rise of the price and then sudden drop with just within few hours or days. Right now we are seeing stable price rise and the price holding their position for a while (the recent small dip was probably due to price correction which is normal). There is no indication of price manipulation over here.
Why always manipulation? Yes, because this is a decentralized market, there is nothing to regulate here, only those who have large funds can influence the market.
The popes have many ways to manipulate, they are free to do it directly or gradually, sometimes they do manipulations gradually every day.
Yes, because the market is really prone to manipulation and there is no fundamentals to back up the current spike. Just look at the current price today, it did rise to $10600-$10800 unfortunately it didn't hold up as sellers panic and sold off again. So clearly, this some kind of manipulation to push the price to that level and giving false signal to those noobs to buy and try to ride the FOMO. And then just like that speculators sell and squeeze every bit of profit they can maximized from the sudden increase.
