Hello!
For things like the photo I will share with you below I think that the Bitcoin price is manipulated.
And I am not the only one. A lot of people believe that the Bitcoin price is being manipulated to stay lower than expected because the big whales are buying massive amounts of Bitcoin. They don't want the price to appreciate to fast, they are still loading their bags.
See the chart:
Do you notice the small ladder we had iin January 10th at the hourly chart? This ladder is not normal. It's a typical pattern that follow some altcoins which price is manipulated by different market makers. This is 100% unnatural.
14 green candles in the ourly chart in a row? With this size? No, I will not believe that.
They are buying cheap Bitcoin, don't sell your coins now, there is still potential.
I woud like to know your thoughts on that. Do you believe that somebody is manipulating the price of Bitcoin? Or do you think that the asset is too big to be manipulated?
At a 2 trillion valuation we are still a relatively small asset, after we get gold parity the ability to manipulate the price will be lowered.
By the way, Michael Saylor, the man that never stops buying Bitcoin will announce another purchase tomorrow. How many Bitcoins will he and Microstrategy hodl by the end of 2025?
Have a great day!
Posted Using INLEO
