Bitcoin Scalper

I'm presenting a Bitcoin scalper for discussion, or I dare say an AMA. And just to be clear, AMA doesn't mean sending me a private message saying "send ea plz bro."

It trades 24 hours a day, not just during trending sessions or ranging sessions. It's designed to handle both conditions, so let's see how it performs.

I'll post two variations in the Trade Explorer. The only difference is that the second never closes any trades. It just holds them until it reaches either the broker’s maximum lot size for Bitcoin or the maximum number of server allowed trades.

Here's a screenshot of the first trades.

BTCUSD is pretty much the only pair you really ever need. For one thing, it's open 24/7 with no weekend gaps, no commissions, and to be honest, I find it much easier to trade than Forex. From my observations, it respects breakouts, continuations, SR, momentum shifts, etc. Also, it's the most volatile pair, way more than FX or Gold, so there’s way more opportunities. Also, it's really not influenced by central banks or news events, so I find its movements more clean and technical. Unlike in FX, you’re not dealing with constant macro noise from interest rates, GDP, inflation, employment reports, geopolitical issues, central bank speeches, etc.

Nice to wake up and see this. I'm demo testing new settings, more selective, and it only traded on H1 yesterday, finally, after 19:00. The new settings are more selective but more quality on the movements.

Maxed out on open trades so I closed everything and restarted it again. Let's see what Sunday brings for Bitcoin.

So easy free from all input is also not bitcoin.
Let's see the answer I got from Ai

No, Bitcoin is not entirely free from manipulation; while its decentralized nature makes it resilient, it's still vulnerable to various forms, including large holder (whale) actions, exchange-based wash trading/spoofing, influencer hype, and stablecoin market influence, though increased regulatory scrutiny and higher trading volumes aim to reduce these risks.
Forms of Manipulation in Bitcoin:

1. Whale Activity: Large holders can significantly influence prices by executing massive buy/sell orders.
2. Wash Trading & Spoofing: Creating artificial trading volume by buying and selling to oneself or placing fake orders to deceive others.
3. Stablecoins (Tether): Issuance of stablecoins like Tether has been used to purchase Bitcoin, potentially inflating prices.
4. Insider Trading: A small group of insiders with access to large amounts of Bitcoin can influence its value.
5. Pump-and-Dump Schemes: Coordinated efforts, often via social media, to artificially inflate prices before selling off.

Factors Mitigating Manipulation:

1. Decentralization: Distributed ownership makes it harder for any single entity to control the entire network.
2. Increased Liquidity & Volume: Higher trading volumes across many exchanges make large-scale manipulation more difficult and expensive.
3. Regulatory Scrutiny: Investigations by bodies like the DOJ and CFTC aim to deter illegal activities, increasing market integrity.
4. Market Maturation: As the market grows, it becomes less susceptible to manipulation compared to its early days.

Conclusion:
While Bitcoin's architecture offers some protection, its market remains susceptible to manipulation, though efforts to increase regulation and market depth are making significant manipulation more

I wouldn't worry about "manipulation" or whatever else. I think it's safe to assume all instruments are being manipulated to some degree. The only thing that's important is, is the spread good relative to their M1 chart and, does it move. If it goes up and down instead of just moving in a horizontal flat line and spread is good, profits can be generated. Currencies move, Gold moves, Bitcoin moves, even on the weekends.