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RE: Daily: Total Market Bleedout / ICO Scams
Whilst i think chinese new year is a big factor, I think its too easy to point fingers at it. :D
Whilst i think chinese new year is a big factor, I think its too easy to point fingers at it. :D
The current dip has more to do with the CME shorts then anything to be honest (but the timing also overlaps the Chinese New Year cycle + a natural correction cycle). Lots of people manipulating the market for their own gains at the current time...
I guess you can call it the "10 easy steps to 10x your money by manipulating BTC on multiple fronts".
Long story short, expect a dip to ~8k in a few days , and then expect the downward pressure on BTC price to suddenly stop (~14k feb, ~20k april, ~40k july/aug) as they ride the wave up with the same method only in reverse (with many times more value in play).
thanks for the info