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Author Topic: Charts Today 6/13  (Read 65 times)
Ghepetto (OP)
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June 13, 2022, 11:37:02 PM
Last edit: June 14, 2022, 03:01:47 AM by Ghepetto
 #1

I have been monitoring charts all day.   Btc/Eth/Doge are trading in lockstep on the 3m bitcoinwisdom charts.  Buys, sells-  increased/decreased volumes happen almost simultaneously.



   How is this possible?

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Ghepetto (OP)
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June 14, 2022, 04:19:39 AM
Last edit: June 14, 2022, 04:29:57 AM by Ghepetto
 #2

https://bitcoinwisdom.io/markets/bitfinex/btcusd
https://bitcoinwisdom.io/markets/deribit/ethperpetual
https://bitcoinwisdom.io/markets/binance/dogeusdt




here are the links, all the charts look the almost the same just different pricing, still going on now....



I guess the same trading bots w the same algo are running on these coins perhaps

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June 14, 2022, 05:55:26 AM
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here are the links, all the charts look the almost the same just different pricing, still going on now....

I guess the same trading bots w the same algo are running on these coins perhaps

Not only that, it would have to be a *really* large trust (e.g. Microstrategy or Greyscale, not implying its them though), with a lot of these coins running those algorithms, since all these synchronizations are happening against USDT (strong signal that it is the work of trading bots and is not occuring naturally).

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Ghepetto (OP)
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June 14, 2022, 09:02:08 AM
 #4

here are the links, all the charts look the almost the same just different pricing, still going on now....

I guess the same trading bots w the same algo are running on these coins perhaps

Not only that, it would have to be a *really* large trust (e.g. Microstrategy or Greyscale, not implying its them though), with a lot of these coins running those algorithms, since all these synchronizations are happening against USDT (strong signal that it is the work of trading bots and is not occuring naturally).



I thought the same, a trust or whale that deployed bots on these three coins.  At this point I think it could be a possibility.  It probably wouldn't be too difficult to come up with a list of who could deploy something like this.   

After almost a decade of chart creeping, this is very strange to me.  Three coins coupled for this long, I have not tried to correlate this to any other crypto yet. 

I'm also guessing it could be a bot specifically designed to be deployed in bear market conditions.   Pure speculations but it probably should not be ignored.


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