I'm not sure about all this or what it really means; for me I see that it all could be manipulated with little rises to get us to buy and then down it goes again to keep us from trading. There's a lot of advertising to say buy now while it is so low, and yet it doesn't go up with all the people buying into it.
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BTC (and everything else) moves in marked cycles. There are small once and bigger once. It goes up 5 waves and down 3..This is no manipulation at all. Key levels has to be taking with more cautiousness as they decide the short, medium or even the long term direction. Here its a good advise to protect some profits and wait for the marked to show us the direction first. In the long run we are looking just fine. If you are interested in trend forecast get a premium member where you get access to algorithm data and future key levels to watch out for.