[Bitcoin]: Somebody on Bitfinex is manipulating whole market!
Never before Bitfinex shorts were as high as on the previous 2 peaks. Even when we had a big Crypto Market and BTC dip this year!
Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers.
So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and it's one entity most probably only!
What happens next?
After the shorts start to go up we sooner or later dump! (red)
After the shorts go down we sooner or later pump! (green)
After shorts reach peak there is a strong trend coming! (blue)
Most probably they are influencing BTC to stay in the channel and not break up or break down.
That's why it did not happen as suggested in previous posts since that kind of entity can put a position worth few thousand of BTC in order for this to be seen!
Why would somebody close them so fast and how can that entity do that on the market is probably a rethorical question but don't forget - 10000 BTC is worth around $300 mio!
Since BTC is moving down already we can expect further dip and most probably then the bounce from support channel.
Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers.
So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and it's one entity most probably only!
What happens next?
After the shorts start to go up we sooner or later dump! (red)
After the shorts go down we sooner or later pump! (green)
After shorts reach peak there is a strong trend coming! (blue)
Most probably they are influencing BTC to stay in the channel and not break up or break down.
That's why it did not happen as suggested in previous posts since that kind of entity can put a position worth few thousand of BTC in order for this to be seen!
Why would somebody close them so fast and how can that entity do that on the market is probably a rethorical question but don't forget - 10000 BTC is worth around $300 mio!
Since BTC is moving down already we can expect further dip and most probably then the bounce from support channel.