"Expert Warns: BlackRock Could Drop #Bitcoin❗ to $50K – 'Getting in Now Is Extremely Risky'"
While #Bitcoin❗️ hits a new record high of $106K, experts like Chain Mind are warning of a possible manipulation move led by BlackRock, one of the world's largest asset managers. According to the analyst, the company would have moved 100 $BTC to 29 different portfolios, suggesting that a possible massive liquidation could drop the asset's price to $50K.
Chain Mind compares BlackRock's strategy to historical episodes such as the mass sale of #BitcoinForever by the German government and brokerage Mt. Gox, highlighting that the market can be shaken to take the most fragile investors out of the game.
Another point of attention is the behavior of retail investors. Many are buying altcoins at their historical highs, such as $XRP , creating a perfect scenario for big players to manipulate the market and take advantage of abrupt drops.
Although the pessimistic scenario dominates some experts, there are those who believe in an explosive rise for promising cryptocurrencies, with the potential to appreciate by up to 100,000%. But for investors, the recommendation is clear: this is a market with extreme risk, which requires research, patience and a solid strategy.
Beware of euphoria and prepare for volatility. In crypto, profits can be high, but the drops are also brutal.
