This is probably the most clear example of what manipulation looks like on BTC. As the price got near the trend-line support that has been building over the weekend, a trader on Bitfinex with deep pockets started shorting aggressively to try and tank the price under $6300. About 2000 BTC in shorts were opened in about 10 minutes:

![btc-margin.png](https://cdn.steemitimages.com/DQmcNvsi167J3Gwsk3nYsU4uHJwS1KYDQrtSeLP1vwQmrkn/btc-margin.png)

Here is the support trend-line on the 1-hour chart:

![bitcoin-support.png](https://cdn.steemitimages.com/DQmXwyhZ89M3TiEfW8UmBQ6KJqiawT8W3wZkWmwEsswYcd8/bitcoin-support.png)

I'm almost certain the intent here was to cause a flash-crash, but the attempt failed as you can see. This could very well be the same entity that opened a shit-load of shorts last week <a href="https://steemit.com/bitcoin/@techwizardry/we-might-be-close-to-another-massive-short-squeeze-on-btc">near the bottom @ $6000</a>. 

There is someone out there with very large short position, that is down a lot of $$$ since price bottomed out last week. 


Is the market primed for another short-squeeze?