ANALYTICAL : Large amounts of Bitcoin are loaded into major trading floors
The loading of large quantities of BTC on the floor suggests that the movement of the market, if a loading floor does not say anything, but if all the large floors do this action can be considered a Important preparation for a strong PUMP or DUMP of the whole market.
- BITTREX
- For the current total of 137,203.06703869 BTC stands number 2 in the world of Bitcoin BTC case)
=> On 2/8/2017 Bittrex floor was loaded from the wallet on the wallet twice (the first: 8501 BTC, the second: 6500 BTC). These two loading times are 17 minutes apart. The total charge that day was 15001 BTC.
Immediately after the load, BTC increased from $ 2628 to $ 3284 in just three days (up 25%). And straight forward to $ 4420 (reaching 68%) in the next 10 days. At this time BTC cooled down and adjusted to $ 3546 before advancing to a new peak $ 4900 on September 2, 2017.
With 3 times push BTC price increased 87% in 30 days (2/8 - 2/9)
After reaching a peak of $ 4900 BTC started the time the big guys "float" made it back to $ 2890 in just 14 days next (15/9)
Then a series of events appeared and the BTC was going straight to a new peak $ 6168 on 21/10/2017.
=> On 25/10/2017, Bittrex continued to load 8,000 BTC to the floor, BTC increased 15% in two days then, at this time the market exhausted causing BTC stalled and decreased 6%.
=> On October 28, 1977, Bittrex made another surprise that added to the floor added 6000 BTC again. BTC straight from 5300 to $ 7500 in just 8 days. (continuous increase for 8 days)
After the phenomenon of continuous increase, the BTC unexpectedly dropped 40% (from $ 7700 to $ 5469), in technical terms, the BTC to correct the bottom before October 28. (There is a suspicion that after loading 6000 BTC to the floor on 28/10, the number of BTC that Bittrex brought back the total is very low, sometimes at 0 from October 30 to November 9, coincide the fall time The possibility of a sharp 40% decline is related to the large floor cooperative price pressure to consolidate)
=> On November 22, 1977, Bittrex withdrew a total of 10,000 BTCs, the probability that this BTC was collected after a 40% holy bite at that time, but certainly one thing the number of BTC that Bittrex withdrawn is only 1 The total Bittrex has loaded on the floor 4 times with a total of 29000 BTC.
After Bittrex withdrew 10,000 BTCs, the BTC increased 100% from $ 8,000 to $ 16,000 in just 15 days. And once again the total withdrawal of zero wallet from 5/12 to 10/12. That time is when the BTC reduced sharply by 40% (from $ 16500 to $ 12500)
REMEMBER THE 40% DUMP NUMBER. (second question about the large floor cooperate to discharge the price pressure to collect more BTC)
After gathering the full amount of a 20% red candle, the BTC will continue to increase the gods from $ 12,500 to $ 20,000 in the next seven days (Dec. 10 - Dec. 17)
Soon after the BTC reached $ 20,000, it was severely discharged, causing it to drop by nearly 50% (from $ 20,000 to $ 11,000) and the 11k - 13k area lasted more than three days, with continued consolidation, the possibility of consolidation. After the discharge of high prices.
=> On December 31, 1977, Bittrex withdrew 60,000 BTC (total 29,000 BTC with 60,000 BTC) to get the money.
After withdrawing both capital and interest on the total purse to welcome the TAY JET, Bittrex's new year greetings are as follows:
= On 1/20/2018, Bittrex loaded on the floor 3000 BTC new year greetings
=> 2/2/2018, Bittrex continues to load onto the floor BTC 4,000.
= On 6/2/2018, Bittrex loaded 6000 BTC
At this time, the total of 13,000 BTCs were put on the floor, rising almost 100% in 2 weeks with 2 spans, each lasting 7 days (From $ 6000 to $ 8800, from $ 8000 to $ 11,700)
=> On March 6, 1818, Bittrex floor was loaded on the floor of 5000 BTC discharge made the BTC reduced 45% (from 11,500 to 7500)
=> On March 20, 1815, 4500 BTC continued to be loaded onto Bittrex
=> On March 24, 2008, 7,000 BTCs were added to Bittrex, BTC decreased from 9000 to 6500 (down 27%).
=> On April 3, 2015, 10,000 BTC added to Bittrex, BTC increased from $ 6500 to $ 8300.
As the BTCs are entering the market and the weakening of the BTC is showing signs that the bourses are starting to push the BTC price, the high possibility of the 6500 is the last bottom of 2018. but not very clear.
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thank you