New: pricemanipulationAll contenthive-129948hive-196917krhive-183959steemzzanhive-180932photographyhive-166405hive-144064uncommonlabhive-185836bitcoinhive-183397hive-188619krsuccesshive-150122hive-124908hive-101145lifehive-139150hive-109690hive-145157hive-103599hive-184714TrendingNewHotLikersanzha (55)in bitcoin • 6 years agoStill up! but...a dip and recovery...and dip?We have already had a dip and recovery. The infamous triangles seem to be here on a moderately large scale. However, compared to a week or two ago, we are doing far, far better. I suspect we are…anzha (55)in bitcoin • 6 years agoaugust blues ending?We went up to almost $6800 yesterday and have pulled back a bit. We may be at the end of the August doldrums. Some caution is still warranted as we have seen a couple breakouts only to come…anzha (55)in bitcoin • 6 years agobeginning a drop or...?This started to look like a stronger drop, but it might not be: the price seems to be recovering (some) in this candle. We will know in the next hour. August is drawing to a close so it might be…anzha (55)in bitcoin • 6 years agoand had a dumpThe spike and dump was little more drawn out, but still followed the same whale tail pattern. If the price jumps a lot, be ready for another drop like that. A slow climb is 'safer' and more real…anzha (55)in bitcoin • 6 years agoand we are way upI urge caution on the spike, but we are nearing the end of August, so it may be the whale was just rejoining the crypto trade. We shall see.anzha (55)in bitcoin • 6 years agowatch that humpThis may be a stealthy pump and dump. The whales have been shifting their behavior as it has become more and more scrutinized: it's pretty easy to dump and then let the market do the work of an…anzha (55)in bitcoin • 6 years agoand there's the whale tail splashHowever, the market seems to be trying to push back up above $6300, the low being just over $6220 from the splash.anzha (55)in bitcoin • 6 years agocaution about the riseGood morning! The bounds of what trading took place yesterday were almost exactly what I expected. We stayed within the $6450 +/- $100 range, approximately, as I predicted the day before.…anzha (55)in bitcoin • 6 years agodrop and climbThis pattern is starting to feel familiar. I would expect a further climb, probably to about the mid $6500 and two drops. First one down to $6450. Then a second one down to as low as $6250. I…anzha (55)in bitcoin • 6 years agoand down...There was a slide and then a fall. It's see whether the fall continues down to $6k or if it will pause and do the slow recover like it has been. This feels a little like someone is still pumping…anzha (55)in bitcoin • 6 years agowe're up again, but...I must be a pessimist or too much of one right now about btc. We have met this line before and then fallen multiple times already. If the pattern holds, some time in the next 12 hours, we will…anzha (55)in bitcoin • 6 years agoshe saw a see-sawShould she rise or should she fall now? If she rises there will be trouble. If she falls she will be double... Very clearly someone pumped us up hard yesterday and then grabbed the proceeds. We…anzha (55)in bitcoin • 6 years agowe are up, but I am nervousWe are above $6500. that's great! But is anyone else getting that feeling like someone might have pumped this up a little artificially fast? More discreetly than their usual pump and dump modis…anzha (55)in bitcoin • 6 years agoa steady climbWe are above $6.3k again! Huzzah! My only cautionary is that like about 24 hours ago, all it takes is a whale to splash its tail and we go splat. Again. I am sincerely hoping I am wrong about…anzha (55)in bitcoin • 6 years agoclawing our way back upThe market, not the whales, is forcing BTC back up. Nearly to $6200. I would guess that would be close to what BTC would be right now if not for the whale tails that keep splashing us around.anzha (55)in bitcoin • 6 years agoclawed up to above $6k, but will it stay?Things are not as bad as they were: we were down to $5755 at one point yesterday. We have clawed our way back up to above $6k. However, the next three, four hours could see the above bottom drop…anzha (55)in bitcoin • 6 years agosplatten!Below $6k. Headed for $5k by month's end. Possibly lower.anzha (55)in bitcoin • 6 years agodown we wentHowever, we have clawed our way back up $100 from the lowest prices. There was a dump though. Will we see another?anzha (55)in bitcoin • 6 years agoSlight Climb?Are we seeing a slight climb up to, dare I say it, "recovery"? Or are we about to fall hard shortly?anzha (55)in bitcoin • 6 years agowar against the splatteningIt seems the market is trying very hard to avoid a complete meltdown. There have been two dumps and the price has recovered. Perhaps I will be wrong about $5k. We shall see.
