Wtf is bitcoin doing lol
I’m not sure I’ve ever seen so many crashes and recoveries in such a short period of time. Usually the doom and gloom and the euphoria are more drawn out
Wtf is bitcoin doing lol
I’m not sure I’ve ever seen so many crashes and recoveries in such a short period of time. Usually the doom and gloom and the euphoria are more drawn out
The macro FUD is unusually high. USA-China tensions. Trump can crash the market with a single tweet. A very volatile human being in such a position -> very volatile market.
I think there's more to it. I think this is what volatility and manipulation look like when a supply shock is near. There are people trying to suppress the price but it's not easy. Demand is still high, though most of it comes from only a few institutions, and supply is low.
They could end the bull market if they want, but then they may miss out on controlling a big piece of the cake, so they are playing us while they still can.
Yeah, it's complex thing. It's like we can't see the forest from the trees. Many believe the bull market has ended, then there are some who think we'll have an extended one, and some think it hasn't even started yet.
I think there are people who decide whether it pumps or dumps and they're playing game theory with each other, calling each others bluffs until they all decide to pump it or dump it at the same time
you are not wrong though! that's the narrative and he probably works with whoever is trying to shake us out