Is it pre-entry whales stage?

[mohammedmattar]

I absolutely agree, but also if they try to push it down, it is not so easy and seems that 5500-6000$ is a good support, and we will never go below probably..
Did you notice all the good news out there? And the market didn't move, zero! I think that soon we will see another bullrun.. keep accumulating while the market is silent.






ps. rumors of facebook buys coinbase.

If this rumor is true we are going to
A qualitative and significant shift in the history of crptocurrencies
We'll talk about btc price in the cloud
And therefore the whole market and this is what we wish

[Herbert2020]

this price is either the bottom or very close to the bottom which means it is the time to accumulate bitcoin and that means entry for whales and every other wise investor who wants to get ready for the upcoming rally.

i don't know what you call it "pre" entry since they are already in and buying more. it is not like whales wait for the rise to enter. they enter at the bottom and the rest (usually the weak hands who FOMO buy) enter after the rise starts.

[audaciousbeing]

Some say some forces are working to lower prices
So that some whales can enter the market at excellent prices
Do you agree with that?

Anybody is free to say what he/she feels its the right explanation. It would also be surprising to see that the same whales that is being blamed for the downward trend in price would also be blamed when the price is taking a positive vibe as "they are pumping the price and you need to be careful". What really matter is what do you believe to be true because whatever happens some people will lose while others will gain eventually. You are then left to determine which part of the lot do you want to belong to at the time when the dust settles which would happen.

[spiker777]

Bitcoin is just experiencing one of its common fluctuations, +/- 10%, this isn't really an indicator of anything substantial, just trading roughly sideways. If it drops more than 10%, then you can assume we have entered into another bear phase, and we might see sub $6,000 again. Similarly if it pushes to about $7,300 we might see another rally back past $10,000.

[virendarnagpal]

Of course you are right; definitely.  It is all the game plan of big speculators whom you call big whales.  Only they were behind to price rise when the cost of one bitcoin touched 21k.  Now also when the prices are falling down and  down the same forces are active.
They created sentiments @21k when small investors buying very costly bitcoin with their hard earned money.  Now the same drama is being played.  Negative rumors are being spread with the objective that small investors sell their entire holdings. 
Circle will move always.

[odolvlobo]

All of these conspiracy theories about manipulation by "whales" is irrational and stupid. It's all just a part of a paranoid fantasy. There is no evidence -- only conjecture and speculation. Nobody can even come up with a solid scenario about how or why it might be done.

Get a grip! Get a life!

[MUSFIKAR]

Yes if I think this year has not been a good year for Bitcoin so far. The Fud around Bitcoin and cryptocurrancy is huge and it's really a competitive price. In following the market the best way to protect yourself, because anyone who has the power can push prices up and down.

[richminded]

Its price manipulation by whales.,

We don't know the reason why, its just an speculation but of course it is still possible. Also include those who panicked during the bear market, they contributed a lot to dump the market. This is the best entry for everyone not just for the whales, don't be scared to them just go with the flow and don't ever panic, ride with them.

[Kakmakr]

We at the dawn of a new phase in Bitcoin's history, where institutional investment from pretty big financial investors, might be entering the market soon. It would make sense for them to enter at a much lower price point, once the red tape has been finalized. A lot of these investors have been secretly buying and trading bitcoins for years with their own money <Even people working for JPMorgan> 

At this stage most of this is basically conspiracy theories, but the talks in the passageways are that serious investors are preparing for something big and they want to enter at a much lower price to benefit the most, when this happens. I would not be selling any significant amount of coins, if I was a big hoarder now. ^smile^

[silviyako]

i think so. these whales are using their tons of coins to cause panic and to lower the value of the crypto.

[odolvlobo]

i think so. these whales are using their tons of coins to cause panic and to lower the value of the crypto.

Does that make any sense? Suppose you own a lot of bitcoins. Would you want their value to go down? No. You would want their value to go up. That's how you make money.

[crazymelons12]

Maybe this could be true. They can be monitoring prices so that they could enter at low prices yet I guess with the maturity of the investors now who are day trading they might just lose their money. Small investors now a days are not holding much. You can observed it in the graphs. At a very small rise in value they immediately sell their coins. So when there is a sharp rise in value, what follows is a sudden drop also. It is no longer that profitable to follow the hype and hold.

[Missterio]

These are just conjectures and who can not know for sure. I think that everything is possible in this market. But you need to be very careful.

[wantjokull]

Some say some forces are working to lower prices
So that some whales can enter the market at excellent prices
Do you agree with that?

Whales are always around the corner if they want to seek any chance like this. But this time I do feel that it was major bad news like many big exchangers getting hacked and stealing cases of ether wallets affecting the market as whole and thus putting tags on bitcoin too. I guess this year started with some worst case scenarios like Mt. Gox dumping, countries banning the ICO's on major scale, FUD of Korea Banning the crypto etc. This continuously hampered the market and as whole it dropped to the value that we see today. Nothing special about it if you check the last year.

[aleksnutis]

The last 2 days there has been an interesting activity. There are increased volumes. This situation may be a hint at the turnaround of the market. Especially the prices are now very attractive.

[7jaka7]

i think so. these whales are using their tons of coins to cause panic and to lower the value of the crypto.

Most whales aren't even in crypto yet. In my opinion more regulation -> more whales (and more overall investments in cryptocurrenices).
Probably investors with money are waiting for crypto to get to a lower price so they have better entry point, but I wonder how low will it go.

[Bourney001]

Hopefuly its about time lets put end to this dump im getting poor hodl

[billsted86]

These are the same people who want to benefit. The fact that you lose money because of this  it is a side effect. I think in recent times price will decrease and many investors are waiting for high price and they expect it will happen quickly.

[shampapk1988]

Yes this can be the fact and this is really a matter to worry. If more whales enter into bitcoin they will make it more inconsistent just for their own profit. I am really tensed.

[Nisharawal]

Some say some forces are working to lower prices
So that some whales can enter the market at excellent prices
Do you agree with that?

Yes, I agree with that because this is what we called manipulation by the big whales. Big whales always try to panic out amateurs so that they get their determined cheap price level and they get their trade entered at the right time. They are the forces which bring the market down to buy the crypto-coin at low prices. Remember one thing that professional buyers always buy the cryptocurrency at the lowest market price by flushing out the small traders out of the trade and it is has been seen many times in the trading history.