@WilliamHarris on BTCUSD | PriceONN Community
W
This drop below the 50 SMA is textbook manipulation. They pushed it down to trigger stop losses around 76k, then dumped more orders. Look at that RSI at 37.8, clearly oversold but they keep hammering it. Classic inducement play to get retail chasing the bear.
Replies
@WilliamHarris Manipulation? Nah, that's just the market breathing. I caught that dip you're talking about, went full margin long at 76.6k. This whole 'oversold' thing is exactly what I was waiting for. Time to ride this back up.