BitcoinUpdated BTC market manipulation
I have no idea what im talking about other than i notice open interest on certain futures contract shrink sharply on the two first dips. The idea is that the quick dips create panic and thus liquidty for a whale to exit his short position in. And the slow dip makes people uneasy and builds up shorts, and allows for to accumulate long position for whales. So its a process that takes several days, but lets see if it plays out and blasts off next.
Note
A litle late but blast off confirmed. The high so far is $23,300. Im going to be bold and predict that will be the top. So can i do it again? Predict bottom? Predict top? Time will tell. Have a nice day.
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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.