The questions arise:
Why are they doing this? and What will happen to BTC?
This is the biggest sell-off EVER
I spent ~10 hours researching all the data: Here is why u should worried🧵👇
We put a lot of research and work into this thread before reading it.🙏 🚨
Very Important 🚨 Please follow @Coinaute e and 🩷Like + Comment and ✅ Share #binance #MarketDownturn
1/➫ One more thing, I know that many don't have money to invest so...
❍ I want to help u and giveaway 1 ETH ($3,500) to one random follower
❍ Follow @Coinaute and 🩷Like + Comment and ✅ Share This post
Thanks for supporting me.
2/➫ Not long ago, BlackRock transferred 100k BTC to 29 other wallets
❍ Yesterday, BlackRock sold $188.7M worth of $BTC
❍ This leads to 2 possible scenarios:
- Fix profits
- Manipulation
I did research to understand the essence of the situation fully
Here is what is going to happen:
3/➫ Fixing Profits
❍ Let’s be honest, this scenario is quite likely, no matter how much ppl don’t want it to be
❍ BlackRock bought with an avg buy price of ~$50k–$60k
❍ This means BlackRock's profit is roughly ~2x
❍ However, after my research, I realized the following
4/➫ This situation is very reminiscent of the $9B Mt. Gox and Germany $BTC dump
❍ It sent BTC from $70k down to $50k
❍ But anyone who understands the market realizes that $20B in daily exchange volume can’t cause such a significant drop just from $9B
Let me explain more👇
5/➫ The dump didn’t happen because Mt. Gox and Germany were selling
❍ It happened cause of the reaction and panic from retails who rushed to sell along with them
❍ And BlackRock plans to intentionally create a similar situation
6/➫ Why do I think so?
❍ Situation couldn’t be more perfect cause retails have strongly believed in crypto, and the bull run
❍ Many have started investing at ATH in high-cap alts like $XRP, etc
❍ That’s why this is the perfect time to shake out paper hands
7/➫ That’s why it’s crucial to carefully plan every move right now, as the market is highly volatile
❍ In such moments, you can lose a significant % of your profit/portfolio
❍ If you’re unaware of this, here’s my research on the current market:
8/➫ At the moment, my recommendation is to stay out of the market, especially if you already have a position
❍ This isn’t the best time to enter the market
❍ The best thing you can do rn is simply hold or gradually take profits, depending on your R/R
9/➫ To fully understand the seriousness of the situation, you need to realize the following:
❍ BlackRock has two to three times more influence than Mt. Gox and Germany combined
❍ This is precisely why staying on the sidelines and watching what happens is better
We put a lot of research and work into this thread before reading it.🙏 🚨
Very Important 🚨 Please follow @Coinaute e and 🩷Like + Comment and ✅ Share #binance #MarketDownturn