BTC HAS CROSSED $60,000. THE MARKET IS GOING GREEN AGAIN AND PEOPLE ARE EXCITED BUT IT'LL NOT LAST FOR UP TO 10 DAYS.
This is how you know whether the market situation at any given time is healthy or sick. If the market can't maintain a certain price range (+/-$10,000) for a minimum of 10 days then that is a very sick MARKET.
We've began to see BTC climb upwards and has crossed $60,000 after falling backwards to $49,000 a few days ago. This rise in prize is a fake or deceitful hike or rise, as there is no structure backing it.
Usually this kind of rise happens when some heavy funds slides through the crypto community temporarily. These funds are not here to stay, they're just passing by.
The strategy being used here is the fish hook and bait strategy. Big whales dump these huge funds so as to give the market an appealing outlook and make it green especially when they're about to send proposals for billionaires to invest in the market. A proposal was sent few days ago to a few of the Forbes list top 10 world's richest men urging them to come and invest in the crypto system.
So the green you're seeing in the market right now is just a bait big whales in the crypto industry use to attract big investors in other industries. Once these investors have brought in their money, the market cap increases the big whales amerse more wealth and pulls out, the small investors who're hoping for profit loose everything and go home hungry meanwhile the big investors who just came in gets their funds stuck because they'll find themselves in loss after the crypto big whales had pulled out. Now They're stuck and they can't take their money out else they'll be in massive loss.
This is a simple tactic crypto big whales uses to sc*m the big whales of other industries.
This is the reason why the market is green right now and it won't last the next 10 days cos the big whales are about to seal a deal that will bring in over 500 million dollars. Once that deal is sealed they'll pull out profit and we go back to $45k - $48k BTC.
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