Will Bitcoin hit 20k again? – Crypto einfach
Manipulation?
Feb 13 was the day of Manipulation, Leverage Exchanges cashing in on others that loose every single dime,
as you can see on the bitcoin Chart of Feb 13.
The Day started Bullish pushing Bitcoins price towards the 10.500$, than a massive sell off dropping the price from 10.500$ to 10.200$, after that BTC dropped another 100$ in 4 hours and than big surprise another single candle that shoots btc right back up to 10.350$ immediately followed by a single candle down to 10.250$.
And guess who made a bunch of Money, the leverage Exchanges!
45 Million in longs got liquidated in just 12 hours.
Who are the victims?
BTC Newcomers that get lured onto that leverage Exchange by some weird Youtubers that try to make money with their Affiliate links.
The weird thing those Youtubers are enriched by the loss of people and earn a % of their losses.
Who are the Manipulators?
BitMEX and BuyBit are paying the most in the industry.
As you can see on the graphic in the last 7 days over 250.000.000$ got liquidated in shorts and longs.
250.000.000$ on only 1 Exchange?
Yes 250.000.000$ in 7 Days and only on BitMEX.
Will Bitcoin hit 20.000$ again?
Yes but the Crypto community must expose manipulations and point them out.
So that the Average Joe don’t get rekt.
PS: What do you think about this Manipulations and the consequences for the Crypto Market?
Published at Sat, 15 Feb 2020 12:39:19 +0000
