🚨 RUMOR:
Institutions are pushing Bitcoin lower so they can buy at cheaper prices before the Clarity Act is SIGNED INTO LAW.
We’ve seen a similar pattern before.
In August 2022, BlackRock filed for a private Bitcoin trust, and Bitcoin later dropped about -36% before forming a bottom.
In June 2023, BlackRock filed for the first spot Bitcoin ETF, and Bitcoin later surged by 95%.
By January 2024, when spot ETFs were approved, Bitcoin hits a new highs of $126k
Insider institutions are repeating the same strategy with the Clarity Act narrative.
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ICYMI: Ondo has received EU regulatory approval to list the first round of Ondo tokenized stocks & ETFs.
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Every time the market drops, the same thing happens.
Bitcoin falls and people panic.
Suddenly everyone says:
“Bitcoin is dead.”
“It’s going to zero.”
“It’s a scam.”
“It has no value.”
But this isn’t new:
In 2013, they said it was dead.
In 2015, they said it was over.
In 2018, they said the bubble had popped forever.
In 2022, they said crypto was finished.
And now they’re saying it again.
Every cycle, when the price crashes, people lose hope and forget that this has happened before.
When Bitcoin is going up, everyone calls it the future.
When Bitcoin is going down, everyone calls it a scam.
Years later, when the price recovers, the same people who said “it’s going to zero” will start asking:
“Is it too late to buy?”
No, the ISM is not everything and it doesn't mean up only yet necessarily, but it IS a necessary condition for strong crypto prices over time (as is liquidity). Liquidity will rise faster soon too, which creates reflexivity.
Economy gud, crypto gud.
https://t.co/ROP7v1mLOW
OTHERS/BTC JUST DID SOMETHING REALLY BULLISH.
For the first time in 4 years, Others/BTC monthly MACD has closed 2 consecutive months in green.
Not only that, the Others/BTC MACD bullish cross has now been confirmed.
And this is happening when one of the most reliable indicators of AltSeason which is ISM has jumped above 50%.
Things are looking good for alts.
Merchant Moe markets are now integrated onto Birdeye 👏
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