Uptrends are highly manipulated, says crypto analyst by CoinEdition

Uptrends are highly manipulated, says the crypto analyst
  • Cryptocurrency trader il Capo of Crypto tweeted after a long break from Twitter.
  • The trader reiterated that movement from lower lows is highly manipulated.
  • He added that he was taking a break from the social space, enjoying his personal life.

An anonymous cryptocurrency trader and analyst, under the pseudonym il Capo of Crypto, has returned after a short break from Twitter with an update on the “bull traps” to the vast majority of his “real and good” followers. The analyst commented that movement from lower lows is highly manipulated, especially with BUSD and USDC.

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

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” upside in the cryptocurrency space, and his subsequent long days of silence.

Added megaphone:

This time getting away from Twitter was well and absolutely necessary. I’m totally fine, enjoying my personal life. Thanks to everyone who showed interest.

Previously, on February 17, the merchant had delivered a long letter to his covetous opponents, reminding them that “respect is everything.” I add that even though the market looks bullish, people are very upset about it because they are “afraid of losing.”

During his occasional appearances on Twitter, the trader reiterated that it was not the right time to invest and that he was not buying. He even informed his followers that he is staying away from the public space just to avoid “Twitter negativity.”

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 right there, in front of your eyes. The downward trend is intact. Most markets are testing broken support as resistance. We’ve 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 were fully supportive of him while some desperately called for him to come back.

Uptrends are highly manipulated, says cryptoanalyst

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