As we hope it to rise, always looking any rise like a saver but instead they seem like to a trap.
Just look at one month ago what happened from any graphic, from 7200 to 9200 it was a wild process it just rised too fast then everybody believed it is real and jumped, left with a bag in lap ,it came back to 6ks. So calculate well it s the same guy again moving, it will rise then another rise then a big fall. if it rises too steep that means it not natural, if its not natural grace yourself
Maybe that is what is happening now and it seems the whales are playing games here. If the price of bitcoin keep on making this type of corrections we may see bitcoin fall to $3,000 before end of this year. Investors should also be careful as the whales are out to manipulate the market.
It`s trap for get rich fast kind of people. They bought low but instead of huge rise, price raised only
$2000, and dropped again. Who didn`t sold on time will cut loses now and lose money.
As investor I`m careful, even there are many threats I still hold. If Bitcoin price drop to $3000 and that is
more then 50% drop it will not be a first time. I will buy more on that price and wait my time for selling.
Whales are manipulate with market, but how much they can manipulate exactly? And why would they
cut price in half? Is there some reasons for that, I don`t see any except buying more again when price drop
to have more Bitcoins in the end.