crypto suffering of price manipulations
Everyone that saw the rise of crypto during the previous years will tell you that 2018 is different than other what we have seen before.
we saw bitcoin reaching almost 20.000$ and a market cap of 800 billions. It was a great achievement that brought too much attention and scared too many people. In fact, big guys jumped into the crypto world without even noticing them. Many believes that big guys do not use regular exchanges like Coinbase or Binance to buy their crypto. they use over the counter exchanges so they wont affect the price upward. However, they like to affect the price downwards so they can enjoy buying crypto cheap. The use of different strategies to manipulate the price has been effective this year and the result BTC is stuck under 10k and going lower than 7k. But this is temporary, things will go back to normal once they finish buying,then we will see those bulls back bigger and stronger than before. So guys, Please HODL,HODL,HODL.
✅ @cryptoprince86, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!
Please also take a moment to read this post regarding bad behavior on Steemit.