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Strategic Bitcoin Price Manipulation Analysis | Flash News Detail | Blockchain.News

Strategic Bitcoin Price Manipulation Analysis

10/6/2024 11:41:09 PM

Strategic Bitcoin Price Manipulation Analysis

According to SatoshiHeist, the current strategy involves initially pumping Bitcoin's price to $65,000 to create the illusion of successful macro trading. This is followed by a 'Bart' pattern to entice long positions for a potential continuation. Subsequently, the price will drop, but not below $54,000 to $57,000, with a preference for $59,000, to induce fear and uncertainty among traders. The plan is to maintain the price in this range to make traders doubt their strategies before initiating short positions. (Source)

Bitcoin satoshiheist Bart pattern

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