Black…. BTC Game

Buying all mined BTC in spot market

Creating shortage moving prices high

Ancient whales unable to sell btc due to capital gains tax , hedging positions using futures contract,

But future prices moves with spot prices

Wait for black…. To open future positions to hedge their massive investment or profit booking. Stop buying mined btc , market flood with btc -> bear arrives

Close future short positions, start buying spot btc -> prices increases bull market