My two cents: I see the Chart Guy obsessing on the smaller time frame, meanwhile Bitcoin is breaking down on the daily and weekly. I don't think the dumps are scheduled for a particular time per say but more like triggered around a certain price area ($9500 imo) to drive the price down and cause a washout. As for "we're used to natural price action", I would certainly disagree with that, most of the trading activity is automated these days.
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Very interesting view. Yes,the Chart Guys are daytraders and they do look at the charts on very small or short time frame. Maybe they should zoom out a bit. Thank you @tradealert
Good point @tradealert. Sometimes we need to look at the bigger picture too!
Thank you guys :)
@lizette and @colinbrazendale