Meitu's Bitcoin sell-off immediately shattered the US market manipulation plan, leaving Americans very embarrassed!
Americans have been used to being the boss, always using tough means to control the market. Bitcoin, as a virtual currency, has always been something the US wanted to bring under its regulatory framework. However, due to Bitcoin's decentralized nature, the US has never been able to effectively regulate Bitcoin. What the US wants to do the most is to stabilize Bitcoin first, let more people follow the trend and invest, and when the time is ripe, bring Bitcoin under regulation and conveniently harvest a wave of investors. This is how the US has been operating for so many years.
Once Meitu sold off, Bitcoin began to fluctuate significantly, which means that Meitu has absolute say in shaking the Bitcoin market. This further illustrates that Meitu's sell-off disrupted the US's plans, making Americans very angry. It is worth noting that Bitcoin has been in a bull market for the past few years, and the US has been secretly manipulating it. Bitcoin's surge is precisely because the US has been secretly controlling it to maintain its upward momentum. Over the past few years, who knows how many people have been fooled into investing by the US? As a result, this time Meitu's sell-off interrupted Bitcoin's upward momentum, leaving many investors anxious, which shows Meitu's influence.
After this incident, the global financial community is buzzing with discussions, and various forces are ready to see Meitu's next moves. Will Meitu continue to sell off? Will it shake the Bitcoin market? If Meitu continues to sell off, Bitcoin is bound to continue to plummet. At that time, how many investors will be forced to close their positions is unknown, but it can be said for sure that if Meitu continues to sell off, Bitcoin will inevitably plummet. Whether this plummet will trigger a chain reaction is hard to say. Let's wait and see.
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