Hello friends welcome in my new blog its about market manipulation in bitcoin,
As you all know the Bitcoin is constantly falling from the last 5 months. Since features contracts have been introduced in Bitcoin we got to see very high rates on bitcoin and when the future contracts expired, then down was also seen. So we can say in simple words that after taking the rate of bitcoin up and then dropping it, it played a special role by bitcoin features.
And when the rate of bitcoin was trading between $ 6000 to $ 7000,at the time Whales started manipulating, Whales pumps the cost of Bitcoin from $ 6200 to $ 6800, and then dump it down again. We have probably delayed understanding the game of Whales. In a few months, Whales had created a situation in the market that it was in the minds of the people that bitcoin would grow up to $6800 and then down to $6100, but this time Whales played back their game and broke $6800 and touch to $7500.
Whales earning profit in the same way and the rest of the trader is watching every time. Whales has always been doing the same and will do the same in every fragile situation, for this we have to trade before seeing that we have to be prepared already. In Bitcoin, when there are two to three consecutive short trades, we assume that Bitcoin will now have only short trades, but after that, Bitcoin suddenly makes a long trade, then this leads to a lot of damage to the trader.
In fact, Whales forces us to think that bitcoin will now do just only short trade. Yes, there are quite a lot of positive news coming in the market, but any positive news is still not officially alarms, but even if bitcoin gets so much grief, then it is the reason of Whales manipulation.
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