Bitcoin Price Thread

easymon1 said:
TO
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TO btcusd 2020 0509 2245.png btcusd 2020 0509 2246.png btcusd 2020 0509 2250.png btcusd 2020 0509 2252.png
delete bpd15.png
 
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I read that that one of the reasons for the dump is that some miners won't be profitable after halvening and are selling all their bitcoins and closing operations. Seems logical but the timing seems coordinated so could also be some whales triggering stops, but that's always the go to conspiracy excuse for any btc price correction.
 
johnarb said:
I read that that one of the reasons for the dump
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Didn't I just say in another thread we don't trust it? 10% drop in 15 minutes. Nice....

I really don't see why a whale would want to crash the price, unless he is short of BTC futures.
 
Amun Ra said:
The chinese scammers unloaded 13k bitcoins. That's why the big drop.
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the source didn't take their time about it, lol.
you may very well be correct in your statement.
do you have a verifiable source for the info that would be available to us?
 
Pekelo said:
Didn't I just say in another thread we don't trust it? 10% drop in 15 minutes. Nice....

I really don't see why a whale would want to crash the price, unless he is short of BTC futures.
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I read it's TA stuff, whales or big traders saw confirmation of a resistance number and started shorting in size triggering liquidation of leveraged long positions.

I'm a long term cryptos investor not a trader so just repeating what I read.
 
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