RE: Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

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Bitcoin’s Falling Price Nothing More Than Perception, Or Is There Manipulation?

in bitcoin •  7 years ago 

Price is currently uncertain to which way it will move next. On the daily chart the previous 3 candles have been unable to present an indication for which way price will move in next. This can be very common when price reaches a major level, price often consolidates around that region for awhile and then shoot off in a certain directly after slowly building buying or selling pressure. I still believe we will see a move lower, potentially down to the $6,500 region before we see any sign of major support found in the market.

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