RE: Bitcoin (BTC) Mid-Day Update: Capitulation Phase??

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Bitcoin (BTC) Mid-Day Update: Capitulation Phase??

in bitcoin •  7 years ago 

I could have showed another 12 coins who's charts look identical to what i showed already.
Look at them again closely i really dont understand how they can all move the same, they look like the goddamn gold medal winning synchronised swim team for christs sake!!!!

This means people are buying and selling at the exact same time across multiple coins at the same % rate of decline and rise and in the exact same timeframe?
This surely can't happen naturally?
There's no way multiple coins can all move identically like that.
Anyone else seeing this?
Anyone got another explanation?
Haejin??
Feels like the twighlight zone

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A lot of trading is driven by bots. That's how you explain the very similar price evolutions. The same algortihmic setup across a lot of pairs produces the same result across a lot of pairs.

AI learning human behaviour, this may be the work of Sophia