$BTC and its market update: 🚨
Huge sell-offs wreaking havoc on the market $BTC , highlighting the intense volatility over the past 48 hours.
The scenario presents a classic “pump and dump” scenario (a scheme where fraudsters typically spread false or misleading information to create a buying frenzy that will “pump” the price of a stock and then “dump” shares of the stock by selling their own shares at the inflated price) suggesting potential manipulation to shake out weaker hands.
This type of behavior is often designed to create panic and push smaller investors out of the market before the next significant rally takes shape.
It is a strategy commonly employed to trigger fear-driven selling, allowing larger players to accumulate at lower prices.
Don’t fall for the trap. The current turbulence is likely an attempt to distract and discourage you from holding your position.
Stay focused on the big picture and maintain a disciplined, long-term approach. Market volatility can be unsettling, but it often precedes a major upward move.
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