Looks like traders are using #Bitcoin options expires to try & short it to push the price down.
Choppy times ahead.
The more people buy Bitcoin #ETFs the more this enables Wallstreet firns to use leverage to suppress price.
Just like #Gold.
Discussion
Apparently there was a sizable leveraged short attempt executed earlier today... A good number of ETFs are still lent out from people who allow lending of stocks/ETFs for yield.
THERE WE GO! NICE!
Leveraged short #Bitcoin traders wiped out! 🥳