jimmy_

jimmy_

As you can see, BTC is in consolidation. Ill defined, our consolidation model is hampered by the spontaneity of an authoritative and bellicose price operation persisting only minutes (sidereal time). With an initially reactive top, a more decisive top is subsequently printed. Combined, these two, in "technical" analysis, form a "pattern" called a "Jack and Jill...

jimmy_ Updated 

Ppl say that futures traders now dictate the price of BTC. Doesn't look that way to me.

jimmy_

Ppl are saying that the bitcoin price is now dictated by futures traders. The data disagrees.