The market is green once again. It is still being manipulated by big buyers, have a look
Hi Everyone,
If we see the market of 1 week earlier, then we can see that the market was having blood bath, almost all the coins were double digit red. But after an tragic week the market is looking so green and seems to be in bullish. In the beginning of the month june, the market was above $7500 but the market was being manipulated by big buyers and cause btc to make another lower that was $5900.
Ok, why i am saying manipulation, look at the one week chart of the btc.
We can see the manipulation that how the market goes up and then down again.
The same happen with Steem some days ago and the price of steem was fluctuating in minutes. Look at the image below.
At current Steem and Sbd price is not so high but as per market both are going good.
As the market is green, here is the top 15 coins of the market and how they doing.
The market cap was only $233B just one week ago and at current it is at a great jump at $268B. More than $35B jump in just a week.
The lowest of the btc was near $5900 as on 25 june, 2 weeks ago and now the btc is struggling near $6600. But it seems to be bullish and can pump anytime and if this happen then we will able to see a very sudden pump in the price of btc and in matter of day it can cross $10000 or more.
End of the year was always great for crypto market and seems to be followed this year too that's why i decided that i will not sell any of my currency till the end of the year. If you are a short term trader then you can consider these sudden $300-$500 pumps but if you are a long term trader or holder then these pump and dumps are not a big deal.
I am seeing the market in bullish mode that's why i decided to be little more active so i can capture more activity and can give immediate action on it.
Please do not take it as a financial advise. THIS IS NOT A BUY REQUEST. It is just my analysis,opinion and result of readings. So before investing in any Crypto currency, do your own research first. I will not be responsible for any losses
Thanks for reading...
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