So maybe you just buy bitcoin without looking at indicators. Perhaps you look at graphs and technical analysis? News flash…you are doing it all wrong. There are these things called bots, one of the more obvious I have named 64bot. This bot uses a total of 64 coins to create buy and sell pressure on the exchanges. This bot actually does things like…create the technical graphs you use to trade. If you see a sell wall of 64 coin on the books, it would be natural human behavior to assume the market is going to dip when the 64 coins are sold. This is how it creates the graphs that “traditional traders” rely on. You see these bots are a form of social engineering employed by people who hold large amounts of bitcoin. They are actually designed to “trick” REAL TRADERS, who rely on graphing, to take actions.
I have been analyzing bots for several months now. If the bot has 64 coins for sale and is creating downward pressure, you can leverage this bot for profit. You see when the bots lose coins, they rebuy at current market price. If you buy into that botwall for 5 coins, the bot immediately picks up 5 coins again. SO…if you can manage to eat all 64 coins, it turns around and rebuys 64 coins, which kicks the price up anywhere from 15 to 30. Employing a technique of buying the wall at market value and seconds later placing a limit sell 20 higher will net you profit. It will also stop the manipulation running so rampant today. Be a bot eater.