The faster Bitcoin and cryptocurrencies develop, the greater the pressure they face, and the more frequent the price drops will be.
The faster cryptocurrencies develop, the more of a nightmare it becomes for traditional finance, and the more severe the challenges they face. Their marginalization becomes increasingly urgent.
At this point, they will inevitably launch a full-scale crackdown on Bitcoin and other cryptocurrencies.
And this time, the tool used for suppression is "gold." Simply suppressing cryptocurrencies will result in a huge rebound. Simply selling cryptocurrencies can lower prices, but the fleeing funds have nowhere else to go and will soon return, causing cryptocurrency prices to rebound quickly.
How can they prevent the fleeing funds from returning in the short term? How can they keep the depressed cryptocurrency prices hovering at low levels for an extended period?
They exploit people's greed.
That is, by driving up the price of gold.
The funds that fled the crypto world previously had no other avenues to go, and they quickly returned, causing prices to climb back up rapidly.
This time is different. They've driven up gold prices, causing a surge. Capital is profit-driven, and the funds fleeing the crypto world naturally won't miss this opportunity presented by the gold price surge; most of it will flow into the gold market.
Once these funds enter the gold market, they're unlikely to return to the crypto world in the short term.
Without this capital inflow, it will be very difficult for cryptocurrencies to rise.
The faster cryptocurrencies develop, the more of a nightmare it becomes for traditional finance, and the more severe the challenges they face. Their marginalization becomes increasingly urgent.
At this point, they will inevitably launch a full-scale crackdown on Bitcoin and other cryptocurrencies.
And this time, the tool used for suppression is "gold." Simply suppressing cryptocurrencies will result in a huge rebound. Simply selling cryptocurrencies can lower prices, but the fleeing funds have nowhere else to go and will soon return, causing cryptocurrency prices to rebound quickly.
How can they prevent the fleeing funds from returning in the short term? How can they keep the depressed cryptocurrency prices hovering at low levels for an extended period?
They exploit people's greed.
That is, by driving up the price of gold.
The funds that fled the crypto world previously had no other avenues to go, and they quickly returned, causing prices to climb back up rapidly.
This time is different. They've driven up gold prices, causing a surge. Capital is profit-driven, and the funds fleeing the crypto world naturally won't miss this opportunity presented by the gold price surge; most of it will flow into the gold market.
Once these funds enter the gold market, they're unlikely to return to the crypto world in the short term.
Without this capital inflow, it will be very difficult for cryptocurrencies to rise.
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