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Author Topic: is bitcoin price being manipulated?  (Read 12949 times)

Offline Gurujebs

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Re: is bitcoin price being manipulated?
« Reply #15 on: August 09, 2024, 09:24:31 PM »
Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.



I thought I was the only person who was surprised by how market rose to $60k sharply and yet there was no any serious news. Even if there was a good one, it was too obvious that the move was actually a planned movement and when I did my research, I found out that Bitcoin price is about to enter Death cross.

This is not the first time we have seen Bitcoin death cross but as you can see from the image, if it happen, we will not see bull run anytime soon and the market will be dull from now perhaps only God knows when but pushing the price and above can prevent us from that danger zone. It's obvious somebody is protecting their bags.
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Re: is bitcoin price being manipulated?
« Reply #15 on: August 09, 2024, 09:24:31 PM »

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Offline SmartGold01

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Re: is bitcoin price being manipulated?
« Reply #16 on: August 09, 2024, 09:33:45 PM »
Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.



I thought I was the only person who was surprised by how market rose to $60k sharply and yet there was no any serious news. Even if there was a good one, it was too obvious that the move was actually a planned movement and when I did my research, I found out that Bitcoin price is about to enter Death cross.

This is not the first time we have seen Bitcoin death cross but as you can see from the image, if it happen, we will not see bull run anytime soon and the market will be dull from now perhaps only God knows when but pushing the price and above can prevent us from that danger zone. It's obvious somebody is protecting their bags.
Well the news I had I don't know how legit it could be but I don't have to keep repeating it over here because after confirmation and is not authentic I have distributed wrong information, but let me keep it a bit mute but still I am still surprised even it regularly happened. Like I can say over my experience with bitcoin never witnessed this sharp rise and recovery so quickly. Those who were smart had actually made good profits from the market.

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Re: is bitcoin price being manipulated?
« Reply #16 on: August 09, 2024, 09:33:45 PM »

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Re: is bitcoin price being manipulated?
« Reply #17 on: August 10, 2024, 05:09:31 AM »
However, I rarely pay attention to the actions of whales on BTC because BTC price chart provides enough information for me to analyze, assess, and make investment decisions. Focusing on stories related to whales doesn't really add any value to my long-term DCA strategy in this market.
Yes, this is the wise behavior in the market, whoever has knowledge of the market will follow a holding strategy in the long term and will not care about all this manipulation or negative news because he has a clear goal in the long term and will not sell before that.

As you mentioned exactly, the long-term DCA strategy is the best solution where every decline is a renewed opportunity to buy and accumulate more in the long term, this is the best solution instead of watching the charts and burning nerves.

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Re: is bitcoin price being manipulated?
« Reply #18 on: August 10, 2024, 08:11:44 AM »
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
well that is what you want to do anyway it is almost guaranteed that those who hold large shares of bitcoin can easily move the market depending on the actions they will take and those who hold so little can only do so little but instead of trying to look at this negatively try your best to follow the movement and use it to your advantage instead

buy when the price is low and sell when it is high

Offline taufik123

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Re: is bitcoin price being manipulated?
« Reply #19 on: August 10, 2024, 09:26:13 AM »
well that is what you want to do anyway it is almost guaranteed that those who hold large shares of bitcoin can easily move the market depending on the actions they will take and those who hold so little can only do so little but instead of trying to look at this negatively try your best to follow the movement and use it to your advantage instead
Those who have thousands of bitcoins will affect anyone, such as when just moving bitcoins to another wallet, and it will be detected by the Whales Telegram Bot informing that there is a certain amount of bitcoins being moved.
So there will be a lot of speculation that will affect the market.

We as small traders really have to adapt to such circumstances, follow how the Whales move with their bitcoins and don't fight them, it will give profits.

buy when the price is low and sell when it is high
This is always a desirable plan, but the fact is that when it happens, buying when prices start to get high because of FOMO and selling when prices are low when FUD, panicked people will always do it.

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Re: is bitcoin price being manipulated?
« Reply #20 on: August 10, 2024, 05:14:39 PM »
Sure it is, price of everything you see is manipulated, that includes Bitcoin and all other assets.
As soon as you see Blackrock and Vanguard owning larger percentage of anything you can be sure to have huge price changes.
I think we are going to see major price drops in next few months, maybe even worldwide economic collapse.
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Re: is bitcoin price being manipulated?
« Reply #21 on: August 10, 2024, 09:11:22 PM »
Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
Unfortunately I did not have stable currency so I could add more BTC to my collection haha. But I hope other would have benefit from this opportunity. These dumps provide us with good entry points but not everyone can benefit from them.

I don't think the price of BTC is being manipulative because manipulation comes to our sight in no time via social media and news and till now I have not heard about any.

I think the dump was due to a solid reason and it just that the market started to recover maybe because in the dump as you said people would have bought more BTC and when they started buying the price started to raise again and it recovered its price tag back to $60k.
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Re: is bitcoin price being manipulated?
« Reply #21 on: August 10, 2024, 09:11:22 PM »


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Re: is bitcoin price being manipulated?
« Reply #22 on: August 10, 2024, 10:44:57 PM »
Sure it is, price of everything you see is manipulated, that includes Bitcoin and all other assets.
As soon as you see Blackrock and Vanguard owning larger percentage of anything you can be sure to have huge price changes.
I think we are going to see major price drops in next few months, maybe even worldwide economic collapse.
I don't know what will be the reason for next economic collapse but I'm seeing these words are used by some important analysts and yesterday I have also seen that the Donald Trump said that we are walking to the depression like what happened after the first world war. Is really we are going to see some big war in near future or any other global pandemic ?

If really those are happening in the future then I think we should prepared and accumulated some stable fund in our hund and waiting for the moment for investment.

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Re: is bitcoin price being manipulated?
« Reply #23 on: August 10, 2024, 10:55:47 PM »
~
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
Well, the price movement going downwards is somewhat surprising as well if you will ask me. I mean going down from $60,000 to near $51,000 in just 2-3 days is something that I didn't expect, but a great opportunity to buy even more Bitcoins.

As for the news, I'm not hearing any good news that might caused the markets to go up again in just 2 days, but it's good that in just a couple of days, your money is up already by more than 5% or even 10%. Quite surprising to see the market recovered this fast after that downfall of price, but I guess that's the final time that we will be seeing Bitcoin near $50,000 this year, and this might be the start of the bull run already. :P

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Re: is bitcoin price being manipulated?
« Reply #24 on: August 10, 2024, 11:38:22 PM »
~ or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
You're talking about the no. 1 coin in the market and not some cheap coins/tokens that can be easily manipulated. It will take huge resources to attempt a pump and dump on BTC. Just get used to the reality that it can absorb major sell off and rebounds just as fast. I think it's a testament to how many investors (institutional/retail) believe it will still reach new ATH.

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Re: is bitcoin price being manipulated?
« Reply #25 on: August 10, 2024, 11:58:20 PM »
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
Nope, the price of Bitcoin wasn't manipulated and investors who know the future potential of Bitcoin are tying to best to accumulate more of it in such times. If I'm not wrong then somehow a huge amount of Bitcoin was sold and that caused Bitcoin to go below $50k but as we all know that this time Bitcoin is going to reach another ATH and that's why each investor who knows that is trying to accumulate more of it when it gets dumped.
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Re: is bitcoin price being manipulated?
« Reply #26 on: August 11, 2024, 06:33:57 AM »
Not barely 48hrs the price of bitcoin moves from 52k to 60k like I was mean to asked if there is any positive news that gives rise to this sudden increase, though wasn't expecting bitcoin price to remain stationary but they way it moves seriously increased without any delay or is there any whale that came to buy at huge? Please if there is any news that relates to sudden increase don't hesitate to share here.
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.

I haven't checked any news that push the price to $60k, but I guess it's just the mentality of the investors to buy the dip. And so when they see the price going to $52k, regardless of what the news is, this is a perfect opportunity to buy cheap bitcoin again and so they take their chances.

And now they should be happy by their decision to buy at $52k as by now prices is hovering $60k-$61k and their is the potential to more spike in this month. I don't know if the price has been manipulated or something. Market is too big for someone to really have impact on the price.

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Re: is bitcoin price being manipulated?
« Reply #27 on: August 11, 2024, 09:24:10 AM »
Bitcoin is one of the best investment in the world right now and the best coin in the world, Bitcoin has made a lot of people rich and has also help to grow the economy of the world and that of countries.
I always say Bitcoin dip is not a time to panic but a time to accumulate more Bitcoin, the dip is just an opportunity for investors to buy more Bitcoin, some people always fear when there's a dip in Bitcoin, anyone that knows the history of Bitcoin won't be afraid of a dip.
When dip came a lot of people were afraid and that made some people to stop there accumulation and some even used because of fear to sell of there Bitcoin, and now Bitcoin has increased in price again and those that were afraid and sold out are regretting now this things happen to newbies especially, Bitcoin is a very good and safe investment one should keep accumulating and remove fear from his or her mind.

Some people believed Bitcoin won't grow more than it was before and some believe Bitcoin will keep going down in price but right now those that were having such thoughts are now shocked again because Bitcoin has grown in price again.
Anyone investing in Bitcoin should keep accumulating and stop listening to wrong mindset in other to grow.

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Re: is bitcoin price being manipulated?
« Reply #28 on: August 11, 2024, 11:40:35 AM »
August has let us down again?

August is traditionally considered one of the weakest months for bitcoin. And this year, so far, has not become an exception. Uncertainty at the macroeconomic level, as well as the activity of market makers who want to "squeeze" crypto from retailers, only aggravate the situation.

But we should not despair! History shows that correction periods are usually followed by a new round of growth. In my opinion, in the fall-winter of this year, the cryptocurrency market can expect a new burst of activity.

P.S. What do you think?  :o

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Offline SmartGold01

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Re: is bitcoin price being manipulated?
« Reply #29 on: August 11, 2024, 08:42:03 PM »
~
Those who are doing DCA have also made some cool cash in between this shortest time frame as the price seems to be manipulative.
Well, the price movement going downwards is somewhat surprising as well if you will ask me. I mean going down from $60,000 to near $51,000 in just 2-3 days is something that I didn't expect, but a great opportunity to buy even more Bitcoins.

As for the news, I'm not hearing any good news that might caused the markets to go up again in just 2 days, but it's good that in just a couple of days, your money is up already by more than 5% or even 10%. Quite surprising to see the market recovered this fast after that downfall of price, but I guess that's the final time that we will be seeing Bitcoin near $50,000 this year, and this might be the start of the bull run already. :P
The market still not stable for us to say it's the final downtrend and of its possible but we can't say with assurance it's going be down or not but what we must understand is that the market is open for changes and anything is possible. Today bitcoin price has not makes any much difference compared to when we hit back 60k it this same speed was applicable by now we could had witness about 65k or 66k but yet still dangling within circle of 60 to 61k, this shows that market may not make much difference between this month of August.

 

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