WHY BIG CRYPTO WHALES AVOIDED THE MARKET LIKE A PLAGUE WHEN BTC TOUCHED $70,000

The circumstances around which BTC touched $70,000 wasn't sustainable.

For insiders like me as well as the big wits in the market we don't just rejoice and celebrate when we see the value of BTC rise to new highs. First we determine the circumstances around which such a rise happened.

If this rise came from the following sources we know that it's a bad sign and is unsustainable and as such we don't base any long term investments on it.

1. Government of Nations buying Bitcoin in bulk as a means to maintain the value of their money; these funds can be taken out at any time with no notice and as such we don't base any long term decision on such a rise in the value of BTC

2. Central Banks of countries buying BTC and storing it up as a reserve instead of using the US dollar as their reserve currency in a bid to reduce over dependence on the US dollar.

3. Government fraud: when Heads of State, Governors and high ranking politicians loot massive funds and store it up as crypto so as to enable ease of movement of these funds undetected to anywhere in the world.

These factors all create a temporary rise in prize of BTC and as such can change the dynamics of the market.

It was based on these 3 circumstances that we saw Bitcoin touching $73,000 which was an all time high.

Big wits avoided the market at that time while the small fishes were jumping into it in large numbers.

Only me can tell you when the market has real time strength which will foster true growth and generate profit for everyone.

#BTC_Bounce_Back_to_57k #ETH_ETFs_Approval_Predictions #BinanceTournament