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RE: Be carefull

in #bitcoin7 years ago

I think there may be some huge players in this event, up to and including members of the Chinese Government. I still can't get over the $5000 to $3000 correction. In that I mean that the MACD, Volume etc all predicted a pullback at the $5000 level, which was occuring normally.. Strong fighting at support levels of $4700, $4500 etc.. but that was not enough profit for some.. It needed to crash lower.. so all of a sudden, their is this big China Ban and 40 percent drop. That may have very well been a test of how quickly they can manipulate and drop the market. A run up to something bigger.. Guess I'll be heading over to kraken and setting up some Capital to Short BTC... it's about pullback time anyway according to the charts..