I don’t know who does it or how.
But the bitcoin price is imo clearly being heavily manipulated and suppressed.
That’s ok though. The trick is low time preference. Just don’t get demoralized...
The answer is easy. BlackRock's brokerage friends.
People been discussing if ETFs are backed 1:1 and if BlackRock is issuing paper Bitcoin. The truth is, they don't have to issue paper bitcoin. They call their friends and tell them to put up more sell pressure than there is retail demand.
People been discussing if ETFs are backed 1:1 and if BlackRock is issuing paper Bitcoin. The truth is, they don't have to issue paper bitcoin. They call their friends and tell them to put up more sell pressure than there is retail demand.
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