Every chapter of Bitcoin's journey for the past 16 years has had —
A) Credible reasons for optimism, hope
B) Credible reasons for doubt, from credible people
They change each chapter. As do the voices.
What doesn't change: Bitcoin always prevails.
As the Victor Hugo quote goes: "Nothing is more powerful than an idea whose time has come."
Franklin the Turtle is recently going viral from a post made by @PeteHegseth, the Secretary Of War of DOW. (followed by @elonmusk). It is now becoming a global political meme with big accounts starting to follow the trend.
CA: CSrwNk6B1DwWCHRMsaoDVUfD5bBMQCJPY72ZGNnpump
Community: https://t.co/ZcugHlVbMA
Website:https://t.co/V1u01bFEPz
They thought a little vamp attack on other platforms was gonna drain us dry and send us to zero?
LOL. NOT EVEN CLOSE.
We’re still sitting at #1 trending on DEXScreener and #5 on Moonshot, volume absolutely cooking, community stronger than ever.
Blood in the water? Nah, that’s just the competition bleeding out.
Billions incoming. See you at the top. 🧛♂️🚀 $Franklin
CSrwNk6B1DwWCHRMsaoDVUfD5bBMQCJPY72ZG3Nnpump
🚨 Why Bitcoin always dumps at 10 a.m. when the U.S. market opens ?
Today, Bitcoin erased 16 hours of gains in just 20 minutes after the US market opened.
Since early November, BTC has dumped most of the time after US market opens. The same thing happened in Q2 and Q3.
@zerohedge has been calling this out repeatedly, and he thinks Jane Street is the most likely entity doing this.
When you look at the chart, the pattern is too consistent to ignore: a clean wipeout within an hour of the market opening followed by slow recovery. That’s classic high-frequency execution.
And it fits their profile:
• Jane Street is one of the largest high-frequency trading firms in the world.
• They have the speed and liquidity to move markets for a few minutes.
The behavior looks simple:
1. Dump BTC at the open.
2. Push the price into liquidity pockets.
3. Re-enter lower.
4. Repeat daily.
And by doing this, they have accumulated billions in $BTC.
As of now, Jane Street holds $2.5B worth of BlackRock’s IBIT ETF, their 5th largest position.
This means most of the dump in BTC isn't due to macro weakness but due to manipulation by one major entity.
And once these big players are done with buying, BTC will continue its upward momentum.
Some decent spot bids have emerged for $ETH around the $3,000-$3,100 level.
Bulls are ready to defend this level because they know one thing.
If Ethereum closes a daily candle below the $3,000 level, it could drop 8%-10% within days.
x5 since my $Franklin call
But will it do a 10x, 20x, 50x?
Key drivers for further upside and the current state of the memecoin:
✙ smart trader sold a chunk of tokens on the last pump (14M → 5M)
✙ public figures’ bags have been cut in half (39M → 20M)
✙ whales were buying into the last pump, accumulating 25M tokens
✙ top PnL traders have barely sold any (some are still holding 100%)
Conclusion from these metrics:
Taking profits after a +500% move is normal and natural
For me, the metrics above are still bullish
Another growth driver is CT hype.
I’ve been watching the community on X and it’s growing fast (1.2k), same as the followers of @FranklineOnSol (1.1k)
The Franklin turtle meme is still being posted by popular influencers.
My actions:
I took out my initial and I’m holding the rest of the tokens.
I don’t rule out a correction and another pump.
I’ll keep tracking on-chain activity and hype.
DYOR, NFA