Since the time I have been trading on BTC, it is increasingly clear that there are only 3 wallets that manipulate BTC, the maneuvers are always the same:
The strategy of fear
🌊The first portfolio is manipulated by BlackRock, the second by microstrategy which always wakes up a little after BlackRock and finally the 3rd which is not really one, these are the dozens of country portfolios which cause some turmoil from time to time.
🎢 On the chart we can see BlackRock's Alladin at work manipulating BITCOIN, without them it would be at 226k today, but their higher bitcoin quantities mean they can literally make the prices change as they wish.
✈ they take advantage of world events (war, Fed speeches, etc.) to complete bear market ends.
Look at the volumes, in red it goes way beyond the screen, in 1 minute, there are hundreds of BTC sold, do you honestly think that it's the average person who can do that? And then, massive buybacks in a few seconds (the green circles) and overinflation of prices to 96k, if they buy back at 96k en masse it's because they know very well the true value of BITCOIN: hundreds of kilo dollars.
🌐 How do I know that? Only BlackRock or Microstrategy can buy or sell 500 Bitcoin in less than 3 seconds, causing the entire market to rise or fall.
😉 except that microstrategy buys btc with leverage, it's a game between these two actors.
⛰ It is increasingly visible, huge spikes in volumes that surpass the daily transactions of "normal" traders, creating unprecedented volatility, never seen before (for more than 4 months).
The problem is this, Bitcoin has become a rug-pull (total loss of the value of an asset following a massive sale) and massive daily repurchase,
Several solutions could be considered, such as a system that would be impossible to falsify and duplicate, nor to manipulate. Coming from a signature of its owner, which would make it more valuable than gold and bitcoin or any other coin.
Digital currency would therefore be an intermediary with this future way of life, resulting from the manipulation of raw materials.
This would change the world considerably, in the form of a structure validating at each stage the value linked to it.
The future therefore remains to be defined...