This was an orchestrated crypto hit job ON CHAIN to drop the price sharply to trigger dangerous levels of cascading leverage calls to wipe out any last poors trying to get a little crazy with their winning positions from the recent ATH at $125K. Just another buying opportunity before price discovery. This cycle is different... I'm spreading out a bit more capital on SPS, BTC, RUNI (cheap eth!)
Literal New Account made incredible short bet 30 mins before announce? Before relentless price cutting? Homey knew and bet the info to make millions in minutes. Enough to retire families.
This sacred blockchain service platform Bitcoin is now being manipulated like gold and every other precious metal ever by the institutions that have the most paper for that product! But the truth never lies and the blockchain will serve up the truth.
This move was definitely a manipulation. Moves like this are also the reason why I mostly keep away from trading. Small fish can't win it.
I think the BTC run-up will go till the end of this year, but after that, dunno. I tend to agree that cycles are changing. We will find out, that's for sure😄
They can pull the strings whenever they want or the next leg down... they just stress tested it again in broad daylight. Worked like a charm. Rinse and Repeat. Who is going to go after the crooks when the crooks run the police? People will have to get smart and have AI scouring for the signals from the front-runners!