BTC manipulation or not? You wont believe in your eyes!!!

[Fxcryptoexpert]

If you look this year in crypto, we can see that market turned direction exactly at the 6th of each month! Really this makes us wonder if trully there is a market manipulation or consipary, behind all that! Who knows, June 6th   is coming to find out..! But remember, the 18+yrs of my professional trading experience teached me that usually market does the opposite from what everyone is expecting! Stay tuned!



https://www.tradingview.com/chart/BTCUSD/jZgH5llM-BTC-very-strange-observation-You-wont-believe-in-your-eyes/

[shulio]

I do not think that the manipulators will make manipulations with some weird routines. If they do this 6th of month thing, this must be a trap for the next months.

[hugeblack]

What happened in the past is not necessarily repeated in the future. "Markets are not repetitive mathematical functions."
What happened last year was due to free money from BitcoinCash. not necessarily repeat the second "It will be a coincidence."
Just as the price rose after the conference last year did not happen this year

[LeGaulois]

Are 6 months enough to say there is a manipulation? Just asking because in my opinion if there is really a manipulation each 6th, we are supposed to see it longer, I mean look at 2017.
And I wonder why the 6, is there a subliminal message, this is a good question for Alex Jones
I know he will: 6 because of 666 mark of the beast, new world order

[layoutph]

Hmm, at first I was convinced that Bitcoin is decentralized and Bitcoin cannot become a choice of Illuminati because they cannot manipulate it because it is decentralized. But I do not know whats there in every 6th of the month. I was thinking this very hard, theres a voice speaking to me that Bitcoin is indeed a devil's money.

[darkangel11]

The guy commenting below the prediction might be right.

Feels like now that this pattern is public knowledge its going to take off before the 6th to screw as many "waiters" as possible.

I also think that we'll see a move before the 6th. Also, I think that BTC is again oversold and should launch upwards again.

What are the reasons? I'd say that futures could play a role here. That launch after the price hit the low of 7200 was an obvious short squeeze and most futures traders are shorting right now. Some with leverage, which is going to hurt them again, just like it did on May 29th.

[Tankdestroyer]

Also, I think that BTC is again oversold and should launch upwards again.
What are the reasons?

I also think that we will see bitcoin show a bullish pattern by June 6th if not, then by July 6 because we still are not seeing the effect of institutional money coming into crypto space. Others might ask why I predict some movement on July 6 too? Based on OP's chart, I am convinced that there is a high probability of a manipulative force being at work(a big one at that) in bitcoin's price because there is always a significant move in bitcoin's price every 6th of the month. I can't deem it as a coincidence because it happened many times over.

[filtyfrank251]

What happened in the past is not necessarily repeated in the future. "Markets are not repetitive mathematical functions."
What happened last year was due to free money from BitcoinCash. not necessarily repeat the second "It will be a coincidence."
Just as the price rose after the conference last year did not happen this year

Since the beginning of 2018 the cryptocurrency market has been falling continuously and it has caused many investors to be discouraged by this market, bitcoin is also constantly falling, causing many people to lose money but I believe everything will stabilize again and boom in the last months of this year.

[nanasei]

I refuse to believe that bitcoin with such a huge volume,found across almost a exchange and hold by majority of traders can be manipulated by guys who call themselves whales.

[gentlemand]

I do not think that the manipulators will make manipulations with some weird routines. If they do this 6th of month thing, this must be a trap for the next months.

I've no idea about this particular pattern but do you not recall the seemingly endless period it kept gravitating towards $666 and sticking? Someone was having some fun. 6 obviously means something to enough people.

I don't know if patterns are knowingly seeded but they are things others will prey on. As soon as enough people develop some sort of expectation someone else is ready to pull the rug and benefit.

[Fxcryptoexpert]

I will only have to say this update, as market never does what the majority believe, and know everyone believes that the rally has just started, I would say that another dip is imminent. This is also backed by the reason of the volumes are very very low, and usally no major trend start of ends with such a low volume! So even if a big upmove is undergoing, we need to see a dip before and an increase in volume in order to be validated! I sold off here all my trading portfolio and waiting for this dip in the next 1-3 days to re enter the market at 10-15% lower levels! I dont touch the HODL portfolio that is ther 75% of my total assets in crypto space. Stay tuned!



https://www.tradingview.com/chart/BTCUSD/y9TVCxbK-BTC-is-trying-to-deceive-us/

[Pursuer]

very interesting theory but we already have this month (June 6) that the reversal has started about a week ago on May 29 when price reached the bottom ($7026) and the trend was reversed ever since and price has been rising up (currently at $7700+).
and also we have April 6 which this theory doesn't fit in where price stayed the same and it lasted another week until April 12 when the reversal started big time.

[1Referee]

I will only have to say this update, as market never does what the majority believe, and know everyone believes that the rally has just started, I would say that another dip is imminent.

Don't let the market fool you. It's a fact that the majority right now is pretty neutral and doesn't really expect anything to happen, so it might work against you in this case.

I sold off here all my trading portfolio and waiting for this dip in the next 1-3 days to re enter the market at 10-15% lower levels!

Even though it only concerns your trading stash, it's quite risky to unload them all instead of just a fraction of it. In no shape or form are you guaranteed to see the market go down, and at this point in time, a downward movement is the only profitable outcome for you. What is your action plan in case the market bumps above $8000 in the coming days? Will you pay a premium and adjust to the new situation or wait and hope for the price to come down again?

[trecore4]

Its not manipulation at all but it is the natural cycle of the crypto currency to go up and go down. Its always observable that every six month crypto starts going upwards after a major dip. This is mid year period where many more investors start their entry into crypto currencies. This is because of simple fact that by the mid yer most of the people are ready to invest sufficient amount of money and at the same they think that before the year market will start going up. The net effect is actual upward moment of the bitcoin and thus other crypto currencies as well.

[trumper]

I don't believe in that even that comes true, also manipulations are part of the these price fluctuations and they are also complex.

[alhaji142]

If this is a manipulation or not, i dont really care that much. Will just use this tread to make some profits while i can. Thanks for the share mate.

[pawanjain]

BTC price manipulation is not an easy task as it requires a lot of money and traffic in order to manipulate the trading volume.
If at all one is successful in manipulating the price of BTC it would require a huge amount of effort to to do it regularly and repeatedly.
Apart from that, it's very hard for one to keep manipulating the price at the same intervals. Many traders keep analyzing the market.
If any such instance would have occured then it would come into limelight long ago.

[Parabellun1917]

If you look this year in crypto, we can see that market turned direction exactly at the 6th of each month! Really this makes us wonder if trully there is a market manipulation or consipary, behind all that! Who knows, June 6th   is coming to find out..! But remember, the 18+yrs of my professional trading experience teached me that usually market does the opposite from what everyone is expecting! Stay tuned!



https://www.tradingview.com/chart/BTCUSD/jZgH5llM-BTC-very-strange-observation-You-wont-believe-in-your-eyes/

In the fact that the market is manipulated, I'm 100 percent sure. You need to adapt and not follow the crowd.

[oseikuf44]

I am going to keep faith and monitor the market from today to 6th june to verify your claims. I don't still believe why people think is whales that are pushing the market. The market is determine by me and you. Our approach toward it.

[East2011]

The manipulators will not show any pattern when they manipulate the market. Because if there are any patterns traders will now know when to buy and when to sell.