#Bitcoin will never reach $50k again, simply because they will not let it. See #GOLD, see #SILVER.
Unpopular and fictional, but after all, the US government can't have these outflows from the US Dollar, so they are going to manipulate it in their favor.
Can they keep a "balance" in their favor until infinity?
Can they artificially keep the price at 50k with their cuckbucks?
If US gov has X amount of #bitcoin , and they sell it. They will generate a sell pressure, that pushes btc down. But they need btc to sell to push the price down or? But they can't only sell... But if they buy, they push the price up. How could they keep the price at 50k?
Do you do you think #China is thinking the same way? They have a lot of #bitcoin too right?
They don't need lots of Bitcoin, they just need to manipulate the price by manipulating the futures markets, as they do with Gold and Silver.
Price manipulation works best by using the futures markets. There is lots of info on how they do it with the Gold and Silver price.
Interesting. I'm going to do some research. Is btc not way harder to manipulate though? Even on futures markets
Gold & Silver Manipulation: The Greatest Trick Ever Pulled
Is China Manipulating Our Gold Market?
Seems to be super easy, the #Bitcoin price has always been highly
manipulated by market makers like Jump Trading on behalf of their whale clients like #Binance & Co to gain the most profits out of their futures markets offerings. Just have a look at the CoinGlass Binance BTC/USDT Liquidation Heatmap:
