Is bitcoin being manipulated?

25 May, 2018
by Joeri Cant
News
Is bitcoin being manipulated?

Ran NeuNer @cryptomanran who was invited to CNBC's Fast Money, thinks it is a lot harder to manipulate bitcoin today, then it was in the recent past.

He says: : "I’m buying. Expecting major support at $6900 if it gets there. Market manipulation may have happened-if manipulators are taken to task it brings us closer to Institutional money inflows."

Adding that the crackdown of the Department of Justice on bitcoin is actually a buying opportunity for BTC.

Take a look at the interview:

Many think market manipulation isn't as difficult as NeuNer claims it to be:

Ronnie Moas, renowned stock picker and founder of Standpoint Research agrees and firmly believes bitcoin is being manipulated.

He says: “I always mention manipulation, and regulation. When we broke below $9,000, $8,000 and $7,000, I said the price was being manipulated. The government is starting to crack down on this right now.”

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Read more about: Bitcoin (BTC)

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