LJ Articles| 20/09/2021 | #27
Worried About Crypto ? Read this
by Lorimer Jenkins, y.at/⌛🚀💎🙌
Why are these Bitcoin sell off so dumpy ? It’s not natural ?
I hear your asking …
Usually when the price falls it’s a lot of little down movements, this tells me it’s a whale trying to shake out paper hands or a whale trying to induce a bear market.
I think this will be one of two things, let’s refer back to a article I did on :
Let’s have a look at the manipulation number, 11. The Trader,
Just a quick reminder to what that is :
“Identify where all of the stop losses and margin liquidations are in a coin. Convince your whale friend to sell all of his bags, this will cause a huge sell off giving you an extremely lower price.
Bonus results if you put a bit of fake news and FUD out about the coin a couple days before you execute the plan.”
If you take another look at Bitcoins chart from the last couple of months, I do have to say it looks extremely suspicious. Those dumps are huge, could it be a whale selling his bag at liquidation points ?
Or could it be manipulated number 6. The Whale:
What is that ?
“Pump the coin every day for 90 days for huge amounts to enter that coin. Try to make the pump look very natural as you’re just trying to create fomo here, not push it up all at once. Once you have 5 x or 10 x your money, sell everything. This will cause a huge sell off letting you buy back in at a lower price. Buy back in and repeat for 11 years.”
This could be just a very simple explanation that whales are just taking profits.
All we are experiencing in Crypto at the moment is the beauty of volatility and uncertainty. Just sit back and take a breath, in a week hopefully we will be in a different situation.
by Lorimer Jenkins
Disclaimer : I am not a financial advisor these articles for education purposes, new articles released by 12pm BST every day.
