Over the past 2 weeks we have seen hundreds of whales depositing their BTC into Binance, Coinbase and Kraken. Now you may not think much of this but they all did it because they are selling their BTC.
We are talking about hundreds of millions of dollars worth of BTC and when that much money is pulled from the market the market reacts.
The Bitcoin ETFs are a load of hype and not something that will be good for the crypto community long term. If companies like BlackRock are pushing for the ETFs to be approved that means they have some advantage. The big multi national companies are all fighting for the ETFs which just doesn’t make sense.
In the crypto market you should know that we are always fighting the multi nationals and big corporations and whales. These are our enemies and everyone is playing right into their hands. I will be going short on BTC before Jan 10th as I believe it is just hype.
