Who the fuck is selling?
This is confusing after the ETF I figured bitcoin would go up. 🚀
Is this being manipulated or are people selling the news of the ETF?
#btc
#bitcoin
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Probably a move, to provoke a massive selling and buy cheaper...
Option traders getting wrecked and newbies chewing on fud
I imagine with a flood of new Bitcoin press (most of which is uninformed and dismissive) the non-diehards who don't understand the full dynamics at play here might be triggered to get out.
This, of course, is likely the tactic: corporate banks push the bogeyman narrative in the corporate press, drive down the price as much as possible, so they can get cheap sats and then ride the wave back up.
If so, it's brilliant, effective, and as old as time.
HODL.
#bitcoin #etf
