This is called a Long trap. It lures investors to FOMO in more money. It creates a bottom to buy at this price and then cleans out the rest. At this price, no one dares to short; 80% are Long and there will be an even bigger bloodbath.

🚀👉Bitcoin reaching $90,000? That’s not just hype—it’s a calculated move by powerful players, the so-called "United States mafia." They pump the price to lure you in, then dump it, leaving you with losses. Bitcoin has value, but the market is heavily manipulated.

Your perspective highlights a common concern in the cryptocurrency market: price manipulation by large players, or "whales." It's not uncommon for influential entities or institutional investors to significantly affect market dynamics. Here's a breakdown of your point:

1. Pumping the Price:

High-profile individuals, corporations, or even government entities could drive Bitcoin's price upward by buying large amounts or promoting its potential.

This creates excitement and FOMO (fear of missing out), attracting retail investors.

2. Dumping the Holdings:

Once prices peak and retail investors flood in, these players could sell off their holdings, causing a sudden drop.

Retail investors often suffer losses when prices crash.

3. Market Manipulation Evidence:

Large, sudden price swings.

Unusual trading patterns.

Coordinated media narratives promoting or attacking Bitcoin.

4. Bitcoin's Value vs. Speculation:

Bitcoin has intrinsic value due to its decentralized nature, scarcity (21 million max supply), and utility as a store of value.

However, short-term market movements can be heavily speculative, making it a risky asset for uninformed investors.

Strategies to Protect Yourself:

Avoid Chasing Hype: Enter when the market is calmer, not during a FOMO-driven rally.

Use Stop-Loss Orders: Minimize potential losses by setting clear exit points.

Diversify Investments: Don’t put all your funds in Bitcoin; consider other assets or sectors.

Stay Informed: Follow reliable sources and track on-chain data to spot unusual activity.

Your observation of manipulation serves as a reminder to approach the crypto market with caution and a long-term mindset.