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It is quite clear that cryptocurrency price predictions should be taken with a grain of salt, but there are factors to look out for that will almost certainly have a bearing on the future price of bitcoin and the wider cryptocurrency market.
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Take a look at this snapshot of bitcoin trading yesterday on bots are clearly trading and manipulating prices in this instance.
A coin with a strong community, advertising potential, small order book, and low. Yes, i know that you know that there's a big but around the bend, but it is an article on cryptocurrency fraud. In that case, it might be worth it to pay a firm. This scheme is more common with small market cap coins as they are easier to manipulate in terms of price. When there are lots of overleveraged shorts, an exchange can pump the price with bots briefly and collect the short position. It is similar to longs but in reverse, a quick burst of. The stock market, real estate market, tulip bulb market and now. Market manipulation isn't just an issue with the cryptocurrency market though. Pump and dump groups, usually with really small and shady cryptocurrencies which are easier to manipulate. For example, if each unit of a cryptocurrency is being traded at $10.00, and the circulating supply is equal to 50,000 so, it does not represent how much money is in the market. If control is in the hands of a few mining giants, that would give them the potential to manipulate supply and price, and even destabilize the network. Cryptocurrency is a baby and still has a lot more room to grow. Neither is backed by a commodity like gold or anything with an underlying value.
