BREAKING: President Trump responds to Spain banning the US from using their military bases for strikes on Iran:
President Trump says:
1. The US is now "cutting off all trade with Spain"
2. He has a "right to stop everything that has to do with Spain"
3. He instructed Treasury Secretary Bessent to "cut off all dealings with Spain"
4. The US "can use Spain's bases if we want, just fly in and use it"
5. The US "doesn't want anything to do with Spain"
It seems the US has just entered a trade war with Spain.
Jane Street was running an algorithm that dumped Bitcoin every single morning at 10am. Every day. For months. Crashing the price. Liquidating retail. Buying back lower. Rinse and repeat.
The second they got sued it stopped. The 10am dump disappeared. Now Bitcoin just had the best day in months.
One trading firm... That’s all it took to suppress the entire crypto market for months.
Now ask yourself how much of the crypto price action is even real. How many people panic sold because the charts look terrible. How many people got liquidated. How many billions were taken from regular people by a single trading desk.
And this is just the first one to get caught so far… it’s about to get VERY interesting.
Jane Street has a massive spot/futures pair trade on, and it wouldn't take a big crypto syndicate to do the funniest thing and force a squeeze on them, wiping them out overnight
@0xGlake Sounds cool till we all know.. 80% don’t know anything n jus follow the leader 15% understand but can’t convince the dumb. 5% are smart enough but realize shiet it’s all Fawked.
2016-2019 there was a method.
1/Announce economic press conference.
2/Market rallies.
3/Trump spoke about highs of market.
4/Market sells off following day or 2
5/Market rebounds SPX rallies over previous high and continues trend.