Another choppy week in the world of Bitcoin. We are at a point of indecision where the market is deciding whether it wants to change direction and make a higher high or continue it’s downtrend. This is clearly visible from the indecision candles that we have been seeing for the last couple of weeks. On the news side of things we have started to see a stronger negative sentiment being built. Some of the biggest pieces of news to hit the market this week were:

Criminal Probe into Bitcoin Price Manipulation

Price manipulation on the crypto markets have been one of the risks traders have had to take when trading these markets. Given that exchanges have very low to no compliance policies in place, we regularly have seen massive pumps and dumps in the market. Whales have been accused of spoofing the market by

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