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RE: BTC UPDATE: Signs of Manipulation on the Big Day

in #bitcoin7 years ago (edited)

I totally agree with your analysis. Some people say that 6k is another strong support level where most big players have entered the market last year. But it would be too risky for them to manipulate the market from 8k up to that point. If many people expect the takeoff point to be around 8k, do you think it would be safer for small traders to put buy orders at sub-9k?

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I would consider placing buy orders on the way down. For example: 9.5k , 9k , 8.5k , 8k

Thanks for the advice!

My pleasure! Have a great day

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