Bitcoin Forum

I have been monitoring charts all day.   Btc/Eth/Doge are trading in lockstep on the 3m bitcoinwisdom charts.  Buys, sells-  increased/decreased volumes happen almost simultaneously.



   How is this possible?

https://bitcoinwisdom.io/markets/bitfinex/btcusd
https://bitcoinwisdom.io/markets/deribit/ethperpetual
https://bitcoinwisdom.io/markets/binance/dogeusdt




here are the links, all the charts look the almost the same just different pricing, still going on now....



I guess the same trading bots w the same algo are running on these coins perhaps

Not only that, it would have to be a *really* large trust (e.g. Microstrategy or Greyscale, not implying its them though), with a lot of these coins running those algorithms, since all these synchronizations are happening against USDT (strong signal that it is the work of trading bots and is not occuring naturally).

I thought the same, a trust or whale that deployed bots on these three coins.  At this point I think it could be a possibility.  It probably wouldn't be too difficult to come up with a list of who could deploy something like this.   

After almost a decade of chart creeping, this is very strange to me.  Three coins coupled for this long, I have not tried to correlate this to any other crypto yet. 

I'm also guessing it could be a bot specifically designed to be deployed in bear market conditions.   Pure speculations but it probably should not be ignored.