@oliver2689 on BTCUSD | PriceONN Community
Seriously, look at this BTCUSD chart. They push it up to 75k then dump it hard. It's like they're just shaking out every single retail trader. This whole inflation news is just an excuse for them to take our money. Spreads are widening like crazy too. Total scam.
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Probaby going to see some 'dead cat bounce' soon, only for them to load more shorts. Don't fall for it.
And of course, RSI is sitting at 17. Classic. They wait for it to get oversold then smash it down even further. Textbook manipulation.
D
@oliver2689 I totally feel you on the manipulation thing. This whole inflation news seems like a perfect excuse for them to drop the price. I bought some BTC around 68k thinking it was a good entry, but now it's going down and my stomach is in knots. I saw that bit about Mercado Coin, it's weird how these loyalty program coins are failing. It makes me wonder if big coins like BTC could have a similar issue if people lose trust. Are you thinking of selling or holding? I'm scared to sell and miss out if it bounces, but I'm even more scared of losing more if it keeps crashing. This is so stressful.