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Recent Bitcoin volatility: What's the way forward?
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$Bitcoin (BTC.CC)$ you should read the news that just came o...

$Bitcoin (BTC.CC)$ you should read the news that just came out of the US government ownership of Bitcoin and how they sold yesterday and run time and sales and you can see this huge Spike down after the market closed and intraday yesterday and that had to have been the government selling they called it a test.. and let's be realistic Bitcoin represents a threat to the dollar nothing would please officials more than to see them be able to crash Bitcoin. but if you do what I say and you run time and sales and you see what happened there's several large block cells that hit yesterday during the day and then aftermarket and that's got to be them seeing how they can impact the marketplace and it was not a lot it was 85 Bitcoin on the first sale just 85 tanked it.
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  • Master Corgi : Low low volume now

  • 10baggerbamm OP Master Corgi : so if yesterday was only about 190 Bitcoin that was sold that caused that down Spike there's 30,000 that they're sitting on over 2 billion dollars worth they can crash the market by dumping it

  • Downs Trading : Yikes 🩸

    Thanks for the info, Boss!

  • Master Corgi 10baggerbamm OP : But the question is what or why would make them sell

  • Fib786 : That's WHY I like XRP working with the USD

  • 10baggerbamm OP Master Corgi : well there is evil within the government let's be realistic there are people that want to see anything that threatens their agenda fail miserably just look what they did to Elon Musk this was by design. he was their poster boy for electric vehicles propped up every TV station every day Tesla Tesla Tesla and then what does Elon do buys Twitter exposes the left for the lying deceitful parasites that they are the... Twitter tapes. immediately you see every Democratic State pension plan sell Tesla stock and every hedge fund that aligns themselves with a Democratic party sell Tesla stock. you have 6 billion dollars that's been allotted for the infrastructure build out of electric vehicles of which almost 700 million is for charging stations that should have already been constructed they come to a grinding halt a total of a whopping seven charging stations were built that would charge all vehicles including Teslas. this is needed to overcome the limited range problem with electric vehicles. so they don't do the build-out despite all of the push by at the Democratic party initially we need this money we need this money they stop it why do they stop it cuz they don't want Tesla to benefit from it. so using that mentality of the same people that are behind that they are fearful that anything that takes away the power of the dollar the greenback represents a risk. pt 1 of 2

  • 10baggerbamm OP : 2 of 2 so here's the yin and the yang crypto inflows were in excessive a billion dollars a week Black Rock said this so potentially even a massive cell dumping this causing a $20,000 drop I believe would be immediately reversed it would be akin to what happened several years ago in the stock market where you had it what was called a flash crash a thousand points in about 20 seconds and everyone sitting there scratching their head what the fuck happened here. but I believe the inflows would quickly take advantage of a severe drop and buy it back bid it back up maybe not intraday maybe over the course of a week but I believe that the vast majority of the sell-off would be quickly absorbed by the marketplace. why would they do it because they can because they're fearful. the US went into Libya not because Gaddafi was supposedly gassing his people they went into Libya because Gaddafi wanted to use gold for oil purchases and sales. why did they do that because they could because they were fearful that anything that it disrupts the Petro dollar represents a risk and a threat worthy of a response. you so if they do dump you have to be a buyer because it will be absorbed very quickly within the marketplace.

  • Master Corgi 10baggerbamm OP : I like your explanation

  • Macklemoore 10baggerbamm OP : Well put

  • Censorship here : Your a clown if u think 85 bitcoin moved the market yesterday

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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks
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