A Study of Bitcoin Pump and Dump Action: Early 2020

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I noticed this price action recently this past few months. There is no known pattern to technical traders that I know of. The fourth price action chart is actually inversed so they all would become uniformed.

The way I see it, it’s like a continuous dump or pump and then a period of sideways movement and then finally one last dump or pump before reversing.

Whale action

I know of a pro trader who can masterfully trade this price action, his trade history can be found here.

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