obviously bitcoin is rigged. all markets are. this is what they do. green boxes = they are buying. red boxes = they are selling
retail traders dont move markets. wall street does. anytime the market is consolidating thats just the market makers distributing orders. once they absorb all the sell or buy pressure the market inevitably takes off in the opposite direction.
This model and anything i wrote here is the theory of The Inner Circle Trader who is a huge pimp CEO 10k per day type of trader. He has a youtube go check it out.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.