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RE: BTC Explodes: Surpasses McDonald's Marketcap! / NEO Report: Letdown? / Confido Scam / USDT Anxiety

in #crypto-news7 years ago (edited)

Hey Crypt0, i haven't been in the space much of late, but more recently i have made time and one thing i did notice is the price increase for BTC on 11/2 around $5800 mark when it first spiked, see here on TradingView again a big buy on the 11/8.

Then sells on 11/9, 11/10, 11/11 and especially 11/12 being almost the biggest sell tower in BTC's lifespan, shedding $1,500 odd..

Only to be propped up the very next day with equal amounts of buy days in almost the same heights as the previous sell days (beside the largest one) and with Goldman Sachs making predictions for BTC to for hit 8k.. and it did.. Manipulation?.. and futures coming..

Could this have something to do with prices being a bit speculative and most likely going to come down until it has some more sound confidence from the market?

What do you speculate on this?

Love your WORK :)

thecryptopaper

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