Breaking news 🤯
BlackRock sold $188.7 million worth of Bitcoin (BTC) yesterday.
Questions that may come to your mind?
Why did they sell?
What will happen to Bitcoin after this sale?
This is the biggest sale ever!
(Continue now with as much detail as you want about the possible causes and consequences.)
○ A short while ago, BlackRock transferred 100,000 Bitcoin to 29 other wallets.
❍ Yesterday, BlackRock sold $188.7 million worth of Bitcoin.
❍ This leads us to two possible scenarios:
Fix profits.
Market manipulation.
Here's what's going to happen: 👇
Analysis and forecasts.
☆ Fix profits
● The scenario is very likely, no matter how much people reject the idea.
◇ BlackRock bought at an average price of ~$50K to ~$60K per Bitcoin.
◆ This means that BlackRock's profits are almost double its initial investment.
◇ The following points:
Conclusions and analysis 👌👇
◆ This situation is reminiscent of the $9 billion Bitcoin (BTC) sale by Mt. Gox and Germany.
□ This process led to Bitcoin falling from $70,000 to $50,000.
<> But anyone who understands the market realizes that a daily trading volume of $20 billion cannot cause such a big drop with just $9 billion injected.
> More clarification
Complete the explanation and analysis of the impact of these events.
■ The dump didn't just happen because of the sale of Mt. Gox and Germany.
□ Rather, it happened because of the reaction and panic among retail investors who rushed to sell with them.
> BlackRock is deliberately planning to create a similar situation.
Complete with details on how BlackRock plans and how it will impact the market.
■ The situation could not be more favorable, as individual investors strongly believe in cryptocurrencies and the ongoing bull run.
> Many of them started investing at ATHs in large cap coins like $XRP and others.
◆ This is the perfect time to confuse those with weak paper hands and get them to sell.
Complete explanation of BlackRock's strategy and how it can impact the market.
◆ For this reason, it is essential to plan every move carefully now, as the market is highly volatile.
◆ At such moments, you can lose a large percentage of your profits or investment portfolio.
Don't enter the market now and stay tuned
◇ This is not the ideal time to enter the market.
◇ The best thing you can do now is simply hold or gradually exit taking profits, based on your risk-to-reward ratio (R/R).
Note 📝
BlackRock has 2-3 times more influence than Mt. Gox and Germany combined.