Its really a strange pattern for some whale manipulations here. We see a 24h P.n.D (pump and dump) game and then the start of a short term upwards regression trend channel (at 10°) that lasts about 48h. This pattern has repeated now 2 times with a very high rate of accuracy (24h p.n.d and 48).
I dont really know why "they" (whales, exchanges) are manipulation the price in this pattern. But my guess is that they have some common target and this could be the consensus 2018 conference. (14-16 may)
Let me know what you peeps are thinking of it. If this continues we would see BTC price ranges between 10.4k and 11.6k right before the consensus 2018. If true.. expect a dump afterwards!
I dont really know why "they" (whales, exchanges) are manipulation the price in this pattern. But my guess is that they have some common target and this could be the consensus 2018 conference. (14-16 may)
Let me know what you peeps are thinking of it. If this continues we would see BTC price ranges between 10.4k and 11.6k right before the consensus 2018. If true.. expect a dump afterwards!
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I put a X (pink) for the consensus 2018 on may 14. Target is 10.4k
