RE: Why Bitcoin Could Fall Lower From Here

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Why Bitcoin Could Fall Lower From Here

in bitcoin •  7 years ago 

There's all sorts of algos doing the buy and sell for whales, they usually work on the RSI up and downtrends, they are programmed to mind typical resistance and support levels and profit form them

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I suspected something like that was going on. I did some work in C++ on a match server and I know how easy it would be to do that type of thing - but you have to know what you're doing as an investor to code successful algorithms.