Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254546 times)
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LFC_Bitcoin
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August 11, 2018, 08:24:52 PM

$250 move-up in 3 minutes. Wink
I often notice the following pattern in the Bitcoin price: it's quite stable for hours to days, moving sideways, then suddenly it drops or shoots up in a more or less straight line. After that, it continues moving sideways.
How can that be? I can only think its being manipulated by some whale(s) keepingt he price stable until they need change. If there's a different explanation, I'd like to hear it.

Exactly my thinking. They obviously work with other whales to control the price.

This clearly only works during periods of low volatility & no periods of FOMO.