If you've noticed, Asian hours tend to bring BTC down, particularly the last week. The leverage wipeout was on Asian exchanges so it leads me to think contagion over there
Discussion
What's your dump target? Where are you placing a giant buy order?
I don't have a target, I don't think I can call a bottom perfectly like that.
I tend to buy in bigger chunks as price goes down. Seeing as we're between 15%-20% down from ath and reaching closer to 100k ive been a motivated buyer for a couple days.
So something like China/Russia run a campaign against BTC to shake out weak hands and destroy western sentiment towards it?
That could be, it’s been on my mind lately. Wouldn’t be hard for China to go up. To it’s citizens and say hey… if you want to keep your life sell that 5,000 btc. Also not tough for them to force apac exchanges to liquidate crypto people. And whether we like it or not those crypto people have btc … so if they’re liquidated they gotta sell some