I am trying to understand And analyse the charts/price of bitcoin. Sure i Did more research And watch all day the charts for my own. Reading many topics for speculations what others also try to understand bitcoin.
But what i Dont understand is.. the price swings like now whats happening on (kraken). We have a natural growth what Goes up, Ofcourse i understand also that this is bitcoin. Many told me that this price going up And down like 1% - 15% on a price around €2400 is normal. Yes Ofcourse its manupilation by big investers, But How is iT possible that iT can decline in 5 minutes So much € if its growing natural in price.
Someone who can explain with details please beceause i want to understand And Correct me if i am wrong Ofcourse i want to learn about bitcoin.
Your charts are showing were gonne bleed more Downside then upside correct me if Im wrong what your telling. But iT looks like now were droppen on kraken 2007 euro And has its rise now up to 2175. Can u explain Why we Will Drop more After this rise ? My opinion is more like the bigger players let us think "oh were recovering" Then again we fall down in prise...