Latest Bitcoin market trend - Looks like the Bitcoin Whales are losing momentum

[Kakmakr]

Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  

Do you see this same pattern or am I imagining this?

[Beerwizzard]

Can you provide anything that proves that bitcoin is manipulated by some mysterious whales now? It is pretty obvious that markets with low market cap are pretty sensitive to large deals but for the last time those fluctuations seem pretty normal for crypto. If during a month BTC price change +- 300$ then I don't see any reason to blame some unknown whales and say that market is manipulated.

[livingfree]

Can you provide anything that proves that bitcoin is manipulated by some mysterious whales now?

That's base on his own observation.

I see the pattern that whenever we moved up few hundreds, the market will start to correct quickly. But I wouldn't take the blame this to the whales as everyone is just chasing to get profit while the market is on its lows. And before the bull run, taking advantage of these lows through small pumps can make day traders, whales or not to accumulate more.

[Kakmakr]

Can you provide anything that proves that bitcoin is manipulated by some mysterious whales now? It is pretty obvious that markets with low market cap are pretty sensitive to large deals but for the last time those fluctuations seem pretty normal for crypto. If during a month BTC price change +- 300$ then I don't see any reason to blame some unknown whales and say that market is manipulated.

Calm down, it's just an opinion or conclusion formed on the basis of incomplete information. The so-called Whale manipulation is pure conjecture and a popular conspiracy theory.  

I still believe that whales are active in the Bitcoin scene, like cartels are busy in the Gold and commodity markets. Based on the latest price behaviour, it is just logical to think that "manipulators" of the price, has been declining and more mainstream adoption might have had a influence in that.

In the early days of Bitcoin, these so-called whales had loads of coins to manipulate the price, but this is not the case anymore. Their resources are declining over time.  

[Beerwizzard]

I'm just trying to understand your logic. Your opinion should be based on something and that's what I've been asking about. Unless you are just taking everything from your mind, then you may try yourself in writing some conspiracy articles
It is obvious that there are some major BTC holders that can dump their coins and crash market but they are not doing in in this particular moment. But the fact that whales exist doesn't mean that now they are manipulating the price. Currently, it seems like a normal crypto marker behavior.

[davis196]

Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  

Do you see this same pattern or am I imagining this?

The whales can't gain any momentum,if there's no overall crypro hype around all social+mainstream media.
There's no army of newbies and no fresh money entering the crypto markets,which means there won't be a big price bubble coming soon.
By the way,I think that the whales will profit way more,if they crash the price to 2K USD by mass selling and buying cheap btc later.

[avikz]

Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  

Do you see this same pattern or am I imagining this?

I read a blog post from chainanalysis website few months back,  that shows that bitcoin whales are actually accumulating at the price range of 3600 - 3800. However, I am not able to find that post anymore so it makes no sense to talk about it.

If you see the whales are loosing momentum, it is correct according to my point of view. Whales are most active when the volatility is high because that's when they make loads of money. They can't make their desired profit percentage if the market is somewhat stable.

If I look at the pricing data of bitcoin from coinmarketcap for last one month starting from 17th Feb, 2019. The highest price that bitcoin market achieved is $4,210 and stabilizing at around $4,000 range. That gap is simply not lucrative enough for whales.  If the price stabilizes, they are supposed to loose the momentum.

[BitHodler]

If I look at the pricing data of bitcoin from coinmarketcap for last one month starting from 17th Feb, 2019. The highest price that bitcoin market achieved is $4,210 and stabilizing at around $4,000 range. That gap is simply not lucrative enough for whales.  If the price stabilizes, they are supposed to loose the momentum.

Institutions are patient with how markets move. It could very well be that they don't mind the current range at all, while those who are here staring at the price all day don't know what to do anymore.

Don't forget that trades can be leveraged, so even the very small range we're in can be highly profitable. The difference is that people here need a super wide range in order to trade, while institutions and other pros are happy scalpers.

Why trigger a potential dump by testing resistance levels? For the time being it's more lucrative for smaller trades to take place continuously. Not sure how much longer this bear market will last, but prepare for more of the same.

[ranman09]

~
If I look at the pricing data of bitcoin from coinmarketcap for last one month starting from 17th Feb, 2019. The highest price that bitcoin market achieved is $4,210 and stabilizing at around $4,000 range. That gap is simply not lucrative enough for whales.  If the price stabilizes, they are supposed to loose the momentum.

That is still about a 5% gain in range. That can still be maximized to make the profit lucrative. Though I know it might be dangerous for them, they still hold chunks so I don't think it will be a big problem for them.

[BrewMaster]

i am not sure about the more bitcoin being distributed out of the whale's pockets into the pockets of other regular "fish" in the market but i know this, whales also run out of money at some point and then they can no longer accumulate bitcoin. also i know that many of them are also altcoin traders who are currently pumping shitcoins with low market cap which you can find if you look at the bottoms of the lists on CMC. which is another sign that they are getting ready for the rocket launch.

[rizkyhiw]

Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  

Do you see this same pattern or am I imagining this?

The Pope also has a very good calculation for taking very good momentum and in my own mind there is not too much whale contribution to the market now because it can be called a natural rise from various people, there is not too much evidence that it is manipulation because this is an understanding itself and without deep logic, review and maybe the market must move like this to gradually increase again.

[Kakmakr]

i am not sure about the more bitcoin being distributed out of the whale's pockets into the pockets of other regular "fish" in the market but i know this, whales also run out of money at some point and then they can no longer accumulate bitcoin. also i know that many of them are also altcoin traders who are currently pumping shitcoins with low market cap which you can find if you look at the bottoms of the lists on CMC. which is another sign that they are getting ready for the rocket launch.

I also noticed that, but people are so focussed on Bitcoin that they forget about the smaller Alt coins. It is much easier to pump a low priced shitcoin and get profit to buy more bitcoins these days, because a sucker is born every day. 

Thank you for your post, it puts a new spin on this debate. We should also monitor the Shitcoin pumping for indicators on where the Whales are moving with their push. 

[dothebeats]

Same scenario happened back in 2016 wherein people were playing $200-$300 profit margins until we broke the previous ATH of November 2013, and from that point forward, it seems that bitcoin was an unstoppable force and it just broke a lot of records that no one ever thought were possible. Oftentimes, this back-and-forth between the highs and the lows of the range are somewhat becoming the precursor for crazy gains because we know that people are silently accumulating in the background. I could be wrong and my knowledge is limited about the matter but this is just late 2016 starting all over.

[alisafidel58]

Same scenario happened back in 2016 wherein people were playing $200-$300 profit margins until we broke the previous ATH of November 2013, and from that point forward, it seems that bitcoin was an unstoppable force and it just broke a lot of records that no one ever thought were possible. Oftentimes, this back-and-forth between the highs and the lows of the range are somewhat becoming the precursor for crazy gains because we know that people are silently accumulating in the background. I could be wrong and my knowledge is limited about the matter but this is just late 2016 starting all over.

This is so true, you forgot the mention what happened last 2017. It was a hell of a ride and a lot of people thought that the run would never end but it came to a stop. Still, it was a good run for Bitcoin and people are looking forward to that scenario to happen again.

[rosmerius]

I appreciate your predictions or observations, even though whales lose momentum, but they also seem to think long to be more careful in this game. So if you can see this game then thirst can take the opportunity and can learn its tracks well.

[gowobonyok]

yes, they actually expect an increase of up to $ 5,000 more and start selling, but in fact it's still stuck at $ 4000. I think they really don't get the profit according to plan, while to buy again, the price of bitcoin hasn't dropped yet.

[n0ne]

Same scenario happened back in 2016 wherein people were playing $200-$300 profit margins until we broke the previous ATH of November 2013, and from that point forward, it seems that bitcoin was an unstoppable force and it just broke a lot of records that no one ever thought were possible. Oftentimes, this back-and-forth between the highs and the lows of the range are somewhat becoming the precursor for crazy gains because we know that people are silently accumulating in the background. I could be wrong and my knowledge is limited about the matter but this is just late 2016 starting all over.

This is so true, you forgot the mention what happened last 2017. It was a hell of a ride and a lot of people thought that the run would never end but it came to a stop. Still, it was a good run for Bitcoin and people are looking forward to that scenario to happen again.

Back then botcoiners get into panic selling once they experience some downfall in value. This increased a lot after the sudden drop in price of bitcoin, by which it was predicted to grow much higher in value. The same gave the understanding about the market and now there won't be much reaction felt when there is unexpected price fall. As said above people have known about it, and were into accumulation of bitcoin focusing the future.

[awik p]

Same scenario happened back in 2016 wherein people were playing $200-$300 profit margins until we broke the previous ATH of November 2013, and from that point forward, it seems that bitcoin was an unstoppable force and it just broke a lot of records that no one ever thought were possible. Oftentimes, this back-and-forth between the highs and the lows of the range are somewhat becoming the precursor for crazy gains because we know that people are silently accumulating in the background. I could be wrong and my knowledge is limited about the matter but this is just late 2016 starting all over.

This is so true, you forgot the mention what happened last 2017. It was a hell of a ride and a lot of people thought that the run would never end but it came to a stop. Still, it was a good run for Bitcoin and people are looking forward to that scenario to happen again.

which is the core, maybe at this time like the condition of 2016, where we seem to start from the beginning, of course after that 2017 is a good year, hopefully it won't take a long time the pump will happen again

[jambul_kribo]

Same scenario happened back in 2016 wherein people were playing $200-$300 profit margins until we broke the previous ATH of November 2013, and from that point forward, it seems that bitcoin was an unstoppable force and it just broke a lot of records that no one ever thought were possible. Oftentimes, this back-and-forth between the highs and the lows of the range are somewhat becoming the precursor for crazy gains because we know that people are silently accumulating in the background. I could be wrong and my knowledge is limited about the matter but this is just late 2016 starting all over.

This is so true, you forgot the mention what happened last 2017. It was a hell of a ride and a lot of people thought that the run would never end but it came to a stop. Still, it was a good run for Bitcoin and people are looking forward to that scenario to happen again.

which is the core, maybe at this time like the condition of 2016, where we seem to start from the beginning, of course after that 2017 is a good year, hopefully it won't take a long time the pump will happen again

that's good opinion dude.after we run on long bearish trend, everything in cryptocurrency market start from the beginning again.and at this moment we trying to make new investors interested about benefit investing in this market.hopefully after bearish trend over we will repeat the history hit new all time high.

[mersal]

Ok, this is only my own observation, but I think it might be very accurate if you are looking at the more recent Bitcoin price trends. We all know that Bitcoin whales are still manipulating the Bitcoin price. <Yes, it might not be a huge influence, but it is still happening>

I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now>

We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  

Do you see this same pattern or am I imagining this?

nothing will continue to stable here for a long time and its Momentum was changed due to a lots of reasons because that renders always been very short period of time we need to adapt yourself for the trend and make it useful this will be the thing that everyone should understand while the price was being high and low.