> He fell for the BART 1000th time
He fell for the BART 1000th time
Can someone explain what actually causes this? Who actually has enough to pump the price and the dump it right after, and for what exactly? I hardly see this profitable???
Okay here's the actual truth why it happens.
There are two types of retail traders:
1. Support/Resistance
2. Breakout traders.
A Bart pattern liquidates both of them. Now they will take all this liquidity and expect a big move in a few hours or days.
In short institutional players in this case BitMex grabbing liquidity for big moves.
Does this happen pretty randomly? Like I notice there are some pamps in the past where its just a vertical green dildo but it never gets dumped down, how do people tell when its going to get barted vs a regular pamp?
obviously everyone shorted that shit of we would have gone higher you dumb nigger
Also "who" is doing this? who has enough BTC to change the price of btc this much...
you never know but chances are it will be a bart because the other is more rare.
you can do this with about 10k btc so anyone
but the most likely suspect is exchanges doing with their pocket money. they need the volume and liquidations and stops to get taker fees.
I see... surely it is risky to do this, why would exchanges risk this?
exchanges see the clearest view of market sentiment what their possible predators are doing and like i said they profit from volume. they also have the funds to be able to risk this amount without much impact.
Thanks bud
>1% up & down
>"Bart"
A 0.3% pump and then retrace is not a bart you fucking mong.
I cant wait for you to lose thousands of dollars and learn the hard way why using low timeframes is for retards
A bart pattern doesn't have to be any specific % up or down, it's a pattern you fucking mog. KYS!
OP pic is a bart
Its on the fucking minute chart and invisible on every other time frame
Kys retard
Only big group of whales, and now CZ + his exchanges friends can move btc long term.
This is just a temporary 1% move, so many people can do it while the big ones just allow it, it's just short term parasite on their way.
Certainly some guy with a few dozens millions and a good bot, his algo sees an opportunity to rekt people and be profitable so he takes the risk, but he doesn't actually make that much. Imagine an arbitrage bot but in a bigger scale.
Could be just exchanges too like others said.
Or it might even be organic since people are impatient for action, but not likely.
Are you actually fucking trading based on minute chart moves
10,600 rejected
bear market confirmed
See you sub $7000 bro
>buy when it barts down
>sell when it barts up
you’re like ants to me
this isnt even a bart you stupid fags
its just a pullback
Looks more like a Lester.
Safex mining fixes this.
>Millions made and wiped in short time
>HURR DA PERCENT NUMBER LOW
You wont make any money in the long run. You will end off where you started. Thousands of anons learned the hard way.
see you guys at 7k
Bart's are minature pump & dumps designed to make the value of a coin seem more justifiable.
> If the line is flat, people do not invest.
> If they see a Bart they think it will go up to the top of the Bart again after it dumps
I fucking hope not but the bullrun I was looking for is in another castle