Get started

Bitseven

BTC short should be right unless the spoofing continues!So everybody has been seeing the obvious spoofing the last few days on bitfinex. So they may be getting ready to pump it to 6840 to go after the shorts that are holding strong and continuing to increase their position. Or they positions may have been forced so big that we will now see the breakout we have all been waiting for. It’s up to the authorities to be receiving complaints before this crap ever gets better so that real TA can be done. Is BITSEVEN behind this?? Traders you need to make some noise about this!! Come on write letters and make phone calls if your seeing the spoofing and fake buy and sell walls!! This only stops when we stop it!
BITFINEX:BTCUSD
by AltKING
1
BTC is it being manipulated? BITSEVEN EXCHANGE THEFTS!! I think exchanges like BITSEVEN are manipulating the market in order to eat leveraged buys and sells placed on their exchange. The cloud here clearly shows manipulation of the markets. We were in a clear downtrend until too many shorts were placed then suddenly 25 billion enters the market and surprise they force the market up to close out leveraged sell orders that auto sell @ 70-85% loss! Now we will see a correction from manipulation. My personal opinion is that we are actually in an uptrend for a couple of weeks but again due to exchanges like BITSEVEN they crash the market to kill leveraged buys. When you make a leveraged buy at 100X you will auto sell .7% loss in price. When safety buys are in place these are to protect the trader in order to lower the leverage or increase their position; which should equally lower the auto loss sell. The exchange uses A.I. To calculate how much and how fast to move the market and when to basically eat leveraged buys and sells. It’s a game of PAC MAN for them so my final opinion is we will see correction to the low 6000’s then once enough shorts are on the books the SHARKS will drive it up again. Each time this is done they lose support so ultimately we are still up trending. Hold with no leverage or extremely small shorts. Only place leverage buys going up with an auto loss of no less than 6100 or 5000. I dont doubt they could drive it down easily to 5700 but it will be when it suits their need! PAC MAN and your money is the pellets! This is my opinion and not to be taken as any kind of advise! Investing is risky! Don’t use crooked exchanges like BITSEVEN that offer leveraged trades with no control over your stop losses and group your buys and sells all together as one average price! This is not to your advantage! Each buy and sell should be individually managed!
BITFINEX:BTCUSD
by taylor325358
4