This is straight up bitcoin manipulation. Watch the order books… no crypto news could have predicted this.
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The Biconnect LOL
I feel that run was pretty quick. So a correction to 6900 was needed. Not really much of a suprise i mean 15% is normal for us crypto guys, right Daniel? Bad time to sit on the sidelines, IMO. It's accumulation time.
Bots!
The only youtuber that noticed. ?? thanks for being there.
this is the bots bloffing 100%
Big institutional investors and Wall Street manipulating the Crypto markets to flush out the weak retail investors and drive prices down as much as possible. Then collectively enter strategically at the lowest price levels possible to start the bull run and take profits.
Lol. That shit happens every day on bitmex. I see that shit all the time. Clearly you don’t use it much.
A combination of things : Primarily Institutional players shorting BTC to suppress the price and adoption by mainstream sheeple until such time as regulation is sufficient to allow the insto's to buy the physical asset. Similar in scope to how gold and silver are suppressed with futures contracts add to that the still semi – unregulated nature of crypto exchanges that allows for easy manipulation by every scum bag with the resources to do so.
What burns my a*s most of all is the so called , self proclaimed, trader wanna bee's who proclaim to be crypto supporters and short BTC just following the momentum of the market makers. Do they not realize they are aiding the enemy at a time when crypto's are under heavy attack from those we desire to free ourselves from ? They should join forces and take the opposite side of the trade ( bulls in force ), if you must short something there are plenty of easy pickings in the legacy / fiat / equity markets.
With that said if you claim to be a crypto supporter and you short BTC, in this time of war, I hope you get wrecked !
"I don't care how low bitcoin goes I'm not going anywhere" = manipulator's dream come true. You are just food for bigger fish, nice to see you are so happy being eaten. lol. 🙂
You are right son, and this is ongoing since 2011
Greetings from the W20SMA gang.
Good investigative mindset bud, someone is deliberately shorting the market to sabotage the cboe etf application. This may be some big whale (s) who shorted the market and need to ensure they get their win. Irrespective of this, cboe is ?, the sec won’t support it because of this manipulation. This will effect the price of btc and alts to the downside as retail investors run for the hills.
great video, you have a new subscriber 🙂
This looks like a bot is creating havoc
exactly why TA dont work in this young market. the books never looked soo natural in a manipulated sense
Let me guess, cnbc started praising Bitcoin. That means you should sell asap.
Yes, it is sooo freakin manipulated, these shits have played us since dec/jan.
It ain't trading anymore, it is gambling if you're in.
That's why i went to bytecoin ? helloooo ETF ssss ??
This happens on bitmex all the time. This isn’t the reason for the dump.
I hate to say I told you so but I have said so many time yesterday I think BTC is done and it’s inevitable it’s heading to new lows.
The rich trying to kill crypto
HODL2ZERO
Fiat cryptos will crash sooner or later and fiat currency like bitcoin will crash to its real value zero
Bro, I buy no matter what
Are you sure it isn’t just everyone selling the shit out of it.. Goldman Sachs news came out and it was time for it to drop anyway so it added fuel to the fire ?
Lol it’s taking a dumpy shit… the order book is suspicious though
Dude what do you mean it is not natural.100 mil in bitcoin was moved to exchanges 3 days ago. This is perfectly natural and happened in exactly the same way last time whales were moving btc to echanges.Just chill
Dude, you are reading the bitmex orderbook wrong? The contracts arent the exact same size. That is the TOTAL amount of sell orders up to that price. The actual order stack is the column to the left???
Snippy saying same thing, huge intity buying in all coins and selling all at same time.
"Wear them down, then shake them out." Seems like we're in the shake out phase.
fuk bitmex!!
This is manipulation but it was to be expected. A lot of bitcoin was moved prior to this. And yes ETF applications are toast IMO too. Maybe next year.
market crashes double digits in 1 day with everyone freaking out and I'm thinking good time to buy some coins on sale.
Whoever this is wants us out so they can make all the money.
I'm glad I found this channel. Thanks.
As soon as you consider your investment a non-refundable ticket to a wild ride, you start to enjoy this craziness.
You didn't "see" it coming, when news came out, that 110k BTC were moved from a silkroad wallet address?
What did you think they (owners of all those BTC) would do with that amount of BTC? Shake the market hard and then wait for the alts to go to hell, buy some privacy coins, and cash out…
Dark Web people manipulating the market.
It’s time to buy hard its a shake out ! ? Omg ! Buy as they are selling I am there’s a limited supply right. Just buy’em ! Do it ! Remember the 2007 drop same type of shit. Buy this time you’re gonna buy in and know that you’re smarter than everyone else. ? because you are. ?don’t punk out now you fuk’s !