Bitcoin

If this isn't Déjà vu, I don't know what is.

169
Check out the green circled areas and the pink circled areas. It seems history is repeating itself.

Expecting BTC to retrace a bit lower, then go back up to $7400 before dropping to finish wave 5 at $5500-$6200.

Someone on steemit wrote an article saying that "The Cartel" is manipulating the price of btc. Now while I agree (and this has been proven) that the Cartel manipulates the price of gold, I don't believe the Cartel is trying to manipulate btc yet. Maybe they're gearing up to control it, who knows.

No, I believe that btc is manipulated by the behavior of bots. BTC price clearly follows a pattern but it's because of the actions of bots watching indicators and behaving in unison creating unified dumps, or Déjà vu patterns.

I also believe that because crypto is becoming more and more accessible thanks to products like Ethos, it will be harder to manipulate. It's easier to manipulate because of the weaknesses inherent to centralized systems. The more decentralized the purchase of crypto becomes, the harder it will be to manipulate the entire market, especially because btc is 24/7 and global.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.