LogFAQs > #892196850

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Topic	Crypto General #2 Lambo edition
clearaflagrantj 12/14/17 9:21:26 AM #26:	XplodnPnguins92 posted... damn, whales keep putting up a btc sell wall at 17k. My guess is that big money is suppressing the price until the futures market opens so they can bet long and buy hard next week. It makes sense for them to manipulate the price and keep it low for now. Either way the price is consolidating very nicely around $17K just like I said it would. Take a look at the 1D chart of BTC/USD, a nice triangle has been forming the past eight days, expect a breakout. <cite>clearaflagrantj posted [p:892196850] in Crypto Gen... [t:76097062]...</cite> <quote><cite>XplodnPnguins92 posted...</cite> <quote>damn, whales keep putting up a btc sell wall at 17k.</quote> My guess is that big money is suppressing the price until the futures market opens so they can bet long and buy hard next week. It makes sense for them to manipulate the price and keep it low for now. Either way the price is consolidating very nicely around $17K just like I said it would. Take a look at the 1D chart of BTC/USD, a nice triangle has been forming the past eight days, expect a breakout.</quote> ... Copied to Clipboard!
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