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RE: Bitcoin (BTC) Morning Update: And So It Begins.....a Breakout!!
Many people out there were surprised that bitcoin shot up without a big news announcement. They were speculating that there was manipulation.
I just laugh at that nonsense. As you have taught us sentiment moves price action, news does not.
As the price moved sideways toward the apex and the volumes declined, bitcoin was ready to spring out and surge upward.
Thank you @haejin for all you have taught us!
nonsense? if you think crypto isn't easy to manipulate and someone dumped 1.2 billion in 30 minutes out of thin air you are a fool! Yea its good, yes its sentiment but you don't sit there and ignore the facts. You think crypto cant be manipulated is non sense in itself. Have you seen amazon or google stock shoot up a 400 in a day? lol! Its a smaller market and easier to trick. Look at that candle and if you saw the action I saw in short period you know it was a coordinated buy in at the same time. Large one at that! No one is complaining about that but to ignore it is nonsense. This was to catch all the shorts with their pants down! I saw the shorts, they were lined up and it went the other direction. No one saying TA isn't valuable but to ignore other facts is not very smart.