From what I had determined earlier, that institutional investors were raising their lows at the $6k mark, I think there may be a bit of market manipulation going on - which is easily done with $1b or so - cause a few percentage drop all in one shot, watch the fomo, wait for stabilization, accumulate, repeat.
But, gauging off of the recent trend - and only the...
Lets face it... When its a down market, everything is on sale. Some might think of it as a tragedy - many savvy investors see the lower end of the candles as opportunity to buy cheap.
Since the original hype of BTC has subsided, a lot of the "get rich quick" people have stopped funneling their mortgage into bitcoin. This being said, it did gain the attention of...
I'm not a spammer, so I am publishing this for reputation points - please like and comment! I'm a novice, but this is my take on things.
After a few months of awesome horizontal movement, I believe it is pretty clear the new resistance lines. The big dumps can either be caused by one of two things, 1) Whales cashing out or 2) Fomo...
I believe fomo is still a...
Over the past two months, we've seen a lot of stability in volatility - without a lot of the mainstream media hype - it seems there are more and more institutional "HODL" investors (in my opinion). I am familiar with several people who are accumulating BTC for long-term HODL.
I believe this can be seen very clearly on the chart. I've shown where the dips come...
