RE: $BTC is getting sold off hard. RUG PULL ALERT. ETF was a joke14 Jan 2024 09:11
Maybe it was pretty much known that ALL 11 (or however many) ETFs would be approved and to some extent the good news was baked in on the BTC price. But, of course, the big players don't want to be buying at this level now, do they? Here, have a discount of 10% and we'll keep the BTC price here for a while while you load up.... and this will also prompt some panic selling from individuals to keep supply plentiful. Keep at this level for a while while the big players sort themselves out fully and then, when they're happy, let the institutions see another bull run. People like to think crypto is free from manipulation compared to other forms but I'm sure what we're seeing now is manipulated.