As of 12 hours ago, the Bitcoin price is down $800 in just 24 short hours.... is this a sign of crypto price manipulation by Wall Street?
We all know big banks and wall street are steadily selling off crypto by the boatload, day in and day out.... likely liquidating it for criminal clients who made it illegally.
Yet that's not why wall street is involved... they aren't doing it just for thrills... they are making a killing.
Imagine.. being able to manipulate the price through large-volume selling and buying.
You would love to force the price as low as possible so you can secretly buy up as much as you can.
Meanwhile, at the same time, you are making huge commissions selling off illegally-gained crypto for some of the world's wealthiest who need it converted to fiat cash as soon as possible.
Bitcoin Price Plummets $800 in an Hour
Bitcoin's price took an unexpected fall today, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday.
The price drop began around 21:45 UTC when Bitcoin lost $800 in an hour. More than $100 million worth of long contracts were liquidated on BitMEX alone during the plunge.
The price drop began around 21:45 UTC when Bitcoin lost $800 in an hour. More than $100 million worth of long contracts were liquidated on BitMEX alone during the plunge.
Bitcoin Traps Buyers With Biggest Daily Price Loss in Three Months
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Despite an $800 fall on Wednesday, bitcoin's broader trend remains bullish with prices holding above the higher low of $9,075 (Feb. 4 low).
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However, yesterday's bearish engulfing candle has shifted risk in favor of a drop to that level.
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A move back above a short-term moving average at $9,800 could force sellers to reassess their positions.
Bitcoin took its biggest daily fall in three months on Wednesday, potentially trapping the bulls on the wrong side of the market.
ONE CRYPTO ANALYST ON TWITTER ANALYSTS PREDICT BITCOIN TO HIT $8,200 AND LOWER
https://bitcoinist.com/crypto-twitter-predicts-bitcoin-crash-to-8200-or-below/
Could this be even possible at this stage?
Even if it does happen to drop this low... isn't that a huge buying opportunity?
Binance CEO Changpeng Zhao Says Bitcoin Halving Not Priced In Yet...
https://cointelegraph.com/news/binance-ceo-changpeng-zhao-says-bitcoin-halving-not-priced-in-yet
Changpeng Zhao, the founder and CEO of major crypto exchange Binance, suggested that Bitcoin’s (BTC) price has not yet adapted to the upcoming block reward halving.
Zhao suggested that Bitcoin’s price will see more upwards movement in the future during an interview on Feb. 20.
The CEO explained that, historically, Bitcoin’s block reward halvings have had a positive impact on the coin’s price. While he admitted that historic events do not necessarily predict future events, he noted that miners will have to spend almost two times as much to mine a single coin.
Zhao noted that an asset’s price is determined by demand, not the cost of production, but expects that miners will not be willing to sell below the price of production.
Demand is increasing while supply is decreasing!!!
Analyst Prices Bitcoin at $400k By Next Year Based on Miner Capitulation Pattern
This weird Bitcoin pattern suggests Wednesday’s 10% dump may precede a massive surge...
Over the past few days, all anyone could talk about on Crypto Twitter was the golden cross that had formed on Bitcoin’s one-day chart.
This price drop caught unsuspecting traders with their pants down...
Could we be on the verge of a huge imminent price pump!?!
Looking at history, it seems very likely.. here's an interesting tweet from a friend...
Fun fact: Bitcoin dumped 11% in the two days after the last golden cross in April 2019, then proceeded to rally ~170% to $14,000.
https://twitter.com/_Nick_Chong/status/1230282020829315072?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1230282020829315072&ref_url=https%3A%2F%2Fcryptoslate.com%2Fthis-weird-bitcoin-pattern-suggests-wednesdays-10-dump-may-precede-a-massive-surge%2F
What's even better is looking at the historical signs and current signals, indeed the crypto analysts are going nuts right now...
Imminent Golden Cross Already Started!!!
Bitcoin's golden crosses have historically been followed by a huge up-trend higher.
In fact, writers compiled data showing that the 2012 Bitcoin golden cross was followed by a 20,578 price increase and the 2015 golden cross took BTC to just shy of $20,000.
So, it looks like good things are still in the cards.
I suspect Wall Street will try to DUMP as many investors as possible, before the coming bull run.
They will also try to slow the bull run down as much as possible, by selling as much as possible.
However they are also secretly buying for themselves, so the effect is mostly minimized.
Keep in mind, money and power are the end goals, every move they make is just the means to reach the end goal!
Speaking of the Global Elite...
Here is a preview of something about to blow up...
It has to do with bitcoin and how the global elite like Les Wexen (CEO of Victorias Secret) and others used bitcoin to profit from global crime...
Les Wexner Step Down - News
Les Wexner to Step Down as Chairman and CEO of Victoria’s Secret Parent
Bloomberg· 2 hours agoLes Wexner is stepping down as chairman and CEO of L Brands, the parent company of Victoria’s...
Victoria's Secret Acquired, Leslie Wexner to Step Down
Fashionista via Yahoo News· 49 minutes agoMeanwhile, Bath & Body Works will exist as a standalone public company, and Leslie Wexner, L Brands...
Reports: Wexner expected to step down as CEO of L Brands, Victoria's Secret sale could be announced...
WBNS-10TV Columbus· 4 hours agoLes Wexner is expected to step down as chief executive officer of L Brands and a deal announcing the...
It's Time To Drain the Swamp....
https://twitter.com/cain_nate/status/1230336935140483072
WATCH THAT VIDEO ABOVE! TRUMP IS ANNOUNCING THAT THE CRIMINAL SCUM IN WASHINGTON ARE SOON GOING TO BE DEALT WITH....
NOW, WATCH THIS VIDEO....
https://www.youtube.com/watch?v=QDVQe5iRiPw
Elite Are Panicking
Hollywood Is Panicking
MSM Is Panicking
Corrupt Politicians Are Panicking
You Are Witnessing The Removal Of The Old Guard
Who holds all the cards? Barr
Who knows where the bodies are buried? Flynn
Something Big Is About To Happen
Be Ready
Buy Crypto
