Bullish Trends Are Highly Manipulated, Says CoinEdition Crypto Analyst

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Bullish trends are highly manipulated, says crypto analyst Crypto trader il Capo of Crypto tweeted after a long break from Twitter. The trader reiterated that the passage of bearish lows is highly manipulated. , enjoying his personal life.

An anonymous crypto trader and analyst, going by the handle Il Capo de Crypto, after a short hiatus from Twitter, returned with an update on “bull traps” to the vast majority of his “authentic and good” followers. The analyst commented that the movement from the bearish lows is highly manipulated, especially with BUSD and USDC.

Notably, on March 19, CryptoCapo shared a Twitter thread claiming that it “still remains bearish and completely out of the market”:

Despite all the noise, I know that the vast majority of those who follow me are genuine and good people. And these deserve an update: This time away from Twitter has been very good and necessary. I’m fine, I’m enjoying my personal life. Thanks to everyone who showed… https://t.co/ZEoe6xmDox

— il Capo Of Crypto (@CryptoCapo_) March 19, 2023

Significantly, the trader reflected on the “Twitter noise” that has surrounded him over the past few weeks, regarding his analysis and predictions on the “clearly manipulated” upward push in the crypto space, and his long days of silence. who followed.

The tweeter added:

This time away from Twitter has been very good and necessary. I’m fine, I’m enjoying my personal life. Thank you to everyone who showed interest.

Earlier, on February 17, the trader sent a long message to his greedy opponents, reminding them that “respect is everything”. It was added that although the market is apparently bullish, people feel it a lot because they are “afraid of losing”.

While making occasional appearances on Twitter, the trader reiterated that now was not a good time to invest and he was not buying. Even he has informed his followers that he is away from the public space just to avoid ‘negativity from Twitter’.

On January 9, the trader tweeted regarding the lack of any “bullish confirmation”, explaining:

However, there is not a single bullish confirmation yet. Just look. It’s there, right in front of your eyes. A downtrend is intact. and most of the market is testing broken supports as resistance. We have seen this over and over again.

Interestingly, the community’s comments on his tweets are proof of their trust and love for him. There were tweeters who fully supported him while some strongly urged him to come back.

The post Bullish Trends Are Highly Manipulated, Says Crypto Analyst appeared first on Coin Edition.

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