Let’s dissect the ruse of market manipulators through the BTC Dominance (BTC.D) chart
HERE’S A SIMPLE LOGIC, COACH—SO YOU DON’T TURN INTO MARKET JESTERS!
A Breakthrough by Only a Fingertip: Look—do you see the current price at 58.94%? The stepping line is at 59.03%. On the daily chart, this kind of ultra-slim penetration is the daily bread and butter for whales to set up a Fake Breakdown (false breakout). The manipulators intentionally poke their heads slightly below so you’ll think the defense has already crumbled, then you’ll rush to scoop up altcoins using your grocery money.
They’re Trying to Climb Again: You’re staring at today’s candle—it's a thin green, still trying to creep upward. If tomorrow morning at 7 a.m. the close manages to sit back above 59.03%, then your altcoin story is over. The funds from the entire market will be sucked back into Bitcoin, and the coins you think are “already cheap” will be dumped into junk prices.
HERE’S A SIMPLE LOGIC, COACH—SO YOU DON’T TURN INTO MARKET JESTERS!
A Breakthrough by Only a Fingertip: Look—do you see the current price at 58.94%? The stepping line is at 59.03%. On the daily chart, this kind of ultra-slim penetration is the daily bread and butter for whales to set up a Fake Breakdown (false breakout). The manipulators intentionally poke their heads slightly below so you’ll think the defense has already crumbled, then you’ll rush to scoop up altcoins using your grocery money.
They’re Trying to Climb Again: You’re staring at today’s candle—it's a thin green, still trying to creep upward. If tomorrow morning at 7 a.m. the close manages to sit back above 59.03%, then your altcoin story is over. The funds from the entire market will be sucked back into Bitcoin, and the coins you think are “already cheap” will be dumped into junk prices.
