Bitcoin crashing in line with stock markets

Bitcoin crashing in line with stock markets reveals its true role as play money in good times.
When times are bad, however, we see Gold -- not Bitcoin, rise.
Just a quick thought to share. Of course I can be wrong. Take care! ReallyMe

Bình luận:

I think it is quite evident that the whole Bitcoin thing is totally dependent on the activities of the whales or mining pool owners. Whenever their other stock and commodities assets are falling they send coins from their wales/miner wallets en masse to the exhanges and dump them.

The prices are manipulated and steered in the necessary direction to fool unsuspecting retail investors to the max.

In the financial world there is a term "to corner the market" -- this is exactly what the whales and mining pool owners are constantly doing in the crypto market.