Bitcoin bounced back, are the whales manupulating the market for the bull run? or its a trap?

in #bitcoin6 years ago (edited)

Believe it or not Bitcoin just bounced back from 5900 to 6250 in a flash.
When there is blood pouring in the entire crypto market and people started shorting bitcoin in futures market.
That's when the whale came in to play and turn the table around.
This is the perfect example of how these whales dominates the market.

What do you think is this a trap or the whales decided for bull run.?

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So much market manipulation, lol. Bounced from 5900 to 6400.

Ya the is a perfect example. No one even looking to buy few minutes ago and then suddenly this happened.
Whales are getting too powerful day by day

that's twice now we've broken 6k and come back quickly... very interesting

That's a strong bulish signal. Or something that we wanted to be felt by whales

You have a minor misspelling in the following sentence:

Belive it ot not Bitcoin just bounced back from 5900 to 6250 in a flash.
It should be believe instead of belive.

Now thats what I call a gooood news.

bull run is ready to come back

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who know, probably

it is really strange

hola buenas noches si lo ha paulatinamente esperemos llegue a los 9000 o 12000 para estar un poco mas estables

Thanks for your comments, i translated. I agree 9 to 12k will be a very stable price.

creo que decidieron parar las corridas de toros frenar un poco la marcha

Looks like they did

Maybe it's a trap.. but we are near the bottom.. I think it is a good time to buy some cryptos and to hold them for long term. Currently market is going through the phase of disbelief .. So when others are selling buy and when others are buying sell your profit... That's my strategy... Thanks for posting @guggis

I agree with you, we are defenitly near the bottom. and this is time to buy coin in a staggered manner.

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Felt good and little bit relaxed to see this rise of bitcoin... but the way price rised of bitcoin i personally believed its a manipulation by whales.. hope soon we can see bitcoin proper bull run...

Thanks for your comments Archana. I hope the manipulation is for bull run this time

its really very ambiguous. i think we should study market about a week

Agree, we can not trust the market right now, let see what happen in a week or two

@guggis
I think this is the right time to entry in bitcoin because bigwhale now start change derection of bitcoin in very short time

Yes i thin they are changing direction. I mean its 6 months now, they should be thinking enough fo selling let take a U turn now. Let see what happen in a week or so

its really ambiguous.we should study the market atleast one week

bull run will come soon in bitcoin

It’ll rise more ! As per jatin’s prediction, resuls are on the top (:

It's a bull trap ..It will come down again.its just a pump by whale

Most likely it can be, they like to play with us, don't they.
Thanks for your comments.
Also saw your bitcoin pumped post, you are on spot both are valid reason, or i would say Whales are manipilating futures market too

Thank you bro

@guggis hope market will be back on his track soon!!!

Yes hoping for the best

@guggis keep posting good stuff my friend..

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@guggis whatever be the things.. but i feel is its time for bull run

It can be a trap move. But who knows lets see how it goes