@alistairmilne BS theory. And the Iranian are selling us BTC ETF too? And the 10AM dump ? And the fact that the price do not move up when saylor and ETF buy for a billion dollar.
no the story is simpler, the price is being manipulated by entities with different way and objectives
@StrategyMaxi Ask them to stop buying BTC to Trading desk OTC. they are scamming us with HFT strategy to frontrun the buy and short just after. They should buy directly to miners or on the market (with no intermediary)
@martypartymusic Market structure regulation won't change this. There are multiple coordinated entities which can control a large part of the stock market (intraday dumps from the last few days on specific tickers like SCHW or HOOD while buying WMT, CAT using same algo). Same algo on crypto.
@TheOtherParker_ It's not just one hedge fund but multiple coordinated entities. They do that on single stock and a large part of the stock market. Look at $schw yesterday intraday. Now with 1dte option on ibit they can do whatever they want nearly everyday. No SEC inquiry ...
@Snz_BTC True. SLV/GLD added a multiple of current BTC market cap in weeks. Yesterday gold lost the entire BTC market cap in 1 day. Imagine a fraction of that inflow into BTC ... Only a matter of time
@StrategyMaxi@tether That's an excellent suggestion ! Especially with us10y/us02y coming down. They could double/ triple their annual income with $STRC
@BaronCorvo1911@WallStreetMav I wish that were true but they can print an infinite amount of paper silver (or of anything) they are going to crush the price eventually. All they need to do is ignite the forced selling using margin increase like they did for the hunt brothers with rule 7 and in 2011.
@Bitcoin_Teddy It will happened when 90%+ holders will panic sell so they can grab their BTC for a fraction. You are correct by saying Institutional investors don't buy the top, they create their own opportunity before buying.