Bitcoin

Why will it suddenly ? May be gradually it increases in price.
 
Nope we are entering cryptowinter. it's just bigger winter after 1 billion usd btc sold by luna lol
 
Yes , it would pump again , but resistance is weak this time , so might dump too !
 
I believe it will eventually pump and dump again, it has happened multiple times
throughout history
 
Bitcoin price is totally in the hands of the big whales. The exchanges and the big whales work hand-in-hand.
When leveraged trades get liquidated, the exchanges make huge profits and these profits are shared (by the exchanges) with the big whales.
OK, but how do they do it ? Tether prints billions of USDT (for free, out of thin air) regularly and sells all this USDT (regularly) to the exchanges & big whales at high discounts. So, then the exchanges and the big whales utilize this very cheaply acquired USDT, on a regular basis to manipulate Bitcoin price, in order to continiously liquidate both long trades and short trades. This is why over 90% of crypto traders always lose money.
Bitcoin price will go to below US$12,000 this year.
 
Back
Top