10 hours ago happened the biggest sell-off in history
I stayed up all night and was shocked by what I found
What will happen next and will the collapse occur in 2025đđ§”
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Yesterday @BlackRock withdrew 1,870 of $BTC to new wallets
There's 2 different scenarioâs:
- Fix their profits
- Manipulation the market
I did research to understand the essence of the situation fully
Here is what is going to happen:
Manipulation the market
â If they're trying to manipulate the market, it would be not that bad
â They've already tried the same thing 10 days ago
â Here you can check the full investigation about this atempt
â 4 Fix their profits
â Honestly this outcome pretty plausible
â They avg buy was around $50-60K
â Which means they've already made almost 2x
â As a biggest assets manager they must play carefully
â So it's not a mistake to fix some profits
â 5
â For now they hold around $53B in $BTC
â If they sell 50% â 26.5B it will make some adjustments
â Ofc it's not that much for daily volume but it could lead panic sale
â Here are the 2 most likely options:
1. Start the Altseason
2. Start the bearish market
â 6 Start the bearish market
â BlackRock has two to three times more influence than Mt. Gox and Germany combined
â That's why investors might get scared and pull out of the market entirely
â This will lead to a drop in the price of $BTC > $ETH > High-Cap alts > Low-Cap alts
â But the worst part is that the trading volume will decrease by multiples
â It will bring the market to the beginning of a bear market and start the cycle all over again
â 7 Start the Altseason
â As I mentioned earlier, they've already had a failed attempt of destabilization of the market
â That's why many investors will just ignore this
â $BTC will be less profitable, so trading volumes will move down the chain from High caps to Low caps
â This will lead to the start of the alt season, which is where most of you will make your first million
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