Just some perspective.
$BTC rose 44% in 3 days and nobody bat an eye.
$BTC drops 35% in 27 days and the cries of manipulation and unreasonable price action start pouring out.pic.twitter.com/wCG216Ne7V
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i see the opposite bitcoin feel down 52% 9/22 -9/25 most in 1 candle. perfect normal price action bitcoin rose 44% in 10/25-10/27. Manipulation. fud. spoofy the same rise gets faded. both. could it be that people, often late to the party, are just talking their books *gasp*
In my experience, any sudden up move is regarded as organic and a sign of bitcoins underlying strength. However, any sustained down move is regarded as whale suppression/manipulation and is coupled with a desperate search for a corresponding narrative. Eg: Jul and Sep '18
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it really is the opposite. like you're cheering one dude putting work vs sustained move (up or down) ? this sounds like yet another thing crypto twitter fucks up.
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also people cheering their positions,.. different discussion , same motive.
End of conversation
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this is because equities , commodities etc are all primarily a long instrument...
Thanks. Twitter will use this to make your timeline better. UndoUndo
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In my experience, any sudden up or down move is regarded as hidden volume as a sign of markets manipulation. Thanks to the manipulation of the markets we can observe patterns and thanks to the patterns we can develop strategies. If the market were free will then nobody would win
Thanks. Twitter will use this to make your timeline better. UndoUndo
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