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RE: John Oliver says EOS could be the next Google, on a Whole segment on CryptoCurrencies for Mainstream Normies, while Forbes article by (((Jason Bloomberg))) says to "Shut Down" all crypto? + San Diego Pacific Beach Photos with @surfyogi and @truestory157

in #cryptocurrency7 years ago

@ackza sir...
Many institutional investors are wise to use the futures contracts to lower the Bitcoin price to buy in lower by setting the stop-loss triggers at support levels to push down the price further and further to make it look like a crash. This scares novice investors to support the bears and sell to avoid a total loss. By taking this strategy, the Wall Street investors are strategically pushing down the price for in order to re-enter at much lower levels and potentially set Bitcoin up for another rocket rise to unprecedented highs. Then, assumingly, collect profits and repeat the cycle, increasing profits each time Bitcoin rises and falls.
Cheers~~~