why is btc selling off every day?
Discussion
They found out its not private
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4 year cycle and leading indicator for major market correction, AI bubble needs to pop, risk being taken off and seeing sell off first. When tech starts selling off the S&P will come down it’s been in a major bull trend and due for a reset. I believe we are just beginning to see the cracks.
i think the reason are paper btc:
some very rich actors are selling bct futures in a coordinated way
to suppress btc prices, make it look weak and undesirable.
futures are contracts which are not backed by the asset
they are sold naked which means that the asset is not needed
only fiat cash is
un top of that it is also traded with options which can also be sold naked (calls) without owning the asset. the same with all ious. ibit and others can be sold short.
obviously this is the case here. no news, everyone is buying and nothing else going other than massive money printing and announcements of more money printing.
this comes at the same time as criminals announce their programmable fake central bank digital currency.
100% no parabolic move because of paper btc as well.
I will be shorting paper btc and buying spot as well. Self custody btc is the only real btc.