status: public
Mon Jan 11 20:27:02 2021
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Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.
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As the price crashes more than 20% in 24 hours, NLW describes the “wall of worry” around regulation that might characterize this cycle’s FUD.
— Institutions Use This Strategy to Hide Their Bitcoin Orders – CoinDesk
— Having smaller orders in essence fools the market into thinking there is not much interest at those price levels when in fact there is.