Something fishy is going on. Maybe Bitcoin Cash is indeed suppressed by exchanges and fake trades. Perhaps an experienced trader should look into that. BCH was about to break out above $600 and escape the trend against BTC, yet BTC instantly dumped to 57000. Apparently, this happens: -> BCH escapes -> Whales dump BTC to cause another dip -> Exchanges start selling all other cryptos to support BTC. I may be wrong, but the manipulation is becoming more clear. The third chart is Coinflex, the exchange having the most liquidity for BCH, where nothing as such happened! Coinflex had an expected price action, while Binance had a very suspicious one. The first two charts are from Binance manipulation techniques. #BCH
8 comments
I don't get why the other coins always follow BTC. They're all their own things.
Yeah it does look like theres some serious market manipulation going on.
Binance and BitFinex are the most shady exchanges and I am CERTAIN that they manipulate prices.
I'm always wondering why most coins follow the BTC ups and down.... And how come BCH,.with all its advantage over BTC, seem to be thriving under the shadow of BTC.... Manipulation is indeed a logical explanation.
Is Binance corrupt? Maybe, but if you HODL, you don’t care!
Major shakeouts in BTC Something very fishy going on - but BCH holding better than most coins.
I’d say BTC is over leveraged long - so many nubes buying the dip on 100x. Volatility is going to be rampant.
Mid cap perpetual futures up 10% today - might be the beginning of a push in the alts - shiba went first let’s see how it plays out in the coming days.