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FUD post warning. Feel free to slap me about, but I have to say, I'm feeling a bit paranoid...

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by COINS NEWS 260 Views

Most people get paid at the end of the month, so a lot of people have a little bit cash to play with right about now.

In recognition of this, a week before pay day the institutions set off a series of green days to make us feel optimistic. They buy just the right amount each day to ensure a day-on-day increase.

And we have a good week and a fun weekend, pumping our money in, inflating what they have begun.

Then on Monday morning, all the institutions see how much we have pushed the price up and they cash in at the high price, scooping up our money and pushing the price back down.

This was a good month for them to play that card, because there's generally more good sentiment than negative sentiment out there at the moment regardless of the price direction, so what we think is an organic return to the price point we miss so dearly is actually just players playing.

For shits and giggles I'm gonna throw out a prediction that at 0845 BST tomorrow (just after the traders get the necessary approvals from thuer senior managers to sell) there will be a big drop.

submitted by /u/Willis_Wastalkinbout
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