Is Bitcoin the new stable coin.
Buying / selling of Bitcoin is mostly done THROUGH exchanges, but that is a totally different story.
Bitcoin price definitely is affected by whales who manipulate Bitcoin price, but that is a totally different story.
Exchanges do not decide the price of Bitcoin.
Bitcoin price moving sideways for a while is obviously indicative of the whales ready to soon pounce on both the leveraged long trades AND the leveraged short trades. And obviously, the whales work along with the exchanges, as a gang operation. Why ? Millions of (US) dollars are made, on an ongoing basis, when leveraged trades get liquidated. So, to “make it happen” (as it always happens), the exchanges and the whales are all part of the manipulation gang. As simple as that.
Bitcoin price moving sideways for longer than expected, is as usual an indication of a big “wave” hitting (as it usually happens, nothing new). If Bitcoin price moves sideways for longer than expected : It means that BOTH long trades AND shorts trades will get “sucked”, by a big “up” and big “down” OR a big “down” and a big “up” dance by the whales, quite soon, as it usually happens (nothing new at all).
Exchanges do not decide the price of Bitcoin. The demand / supply (buying / selling) of Bitcoin decides the price of Bitcoin.Buying / selling of Bitcoin is mostly done THROUGH exchanges, but that is a totally different story.Bitcoin price definitely is affected by whales who manipulate Bitcoin price, but that is a totally different story.Exchanges do not decide the price of Bitcoin.Bitcoin price moving sideways for a while is obviously indicative of the whales ready to soon pounce on both the leveraged long trades AND the leveraged short trades. And obviously, the whales work along with the exchanges, as a gang operation. Why ? Millions of (US) dollars are made, on an ongoing basis, when leveraged trades get liquidated. So, to “make it happen” (as it always happens), the exchanges and the whales are all part of the manipulation gang. As simple as that.Bitcoin price moving sideways for longer than expected, is as usual an indication of a big “wave” hitting (as it usually happens, nothing new). If Bitcoin price moves sideways for longer than expected : It means that BOTH long trades AND shorts trades will get “sucked”, by a big “up” and big “down” OR a big “down” and a big “up” dance by the whales, quite soon, as it usually happens (nothing new at all).
