Yesterday, Matrixport posted this;
Only to follow up on the above today with this;
What. In. The. Fuck?
The above "Doom report" is supposed to be the reason for today's dip (which I took advantage of, reaching yet another goalpost).
Why would someone do this? What would cause such a quick change of mind?!
I'd say this falls under the category of market manipulation, what a bunch of trashcans.
Classic market manipulation. Liquidate the highly long levered futures traders with a false etf denial. The algos pick up the news first and sell causing liquidations and by the time it is determined to be nonsense the damage is done and the trader suckers are carried out.
Yeah, it's a shame.
It's unfortunate there are so many bad actors and fools in "crypto". That's why we stay humble and stack sats right. I didn't mind a little discount on my daily stack to celebrate genesis block day.
I agree on the last part, but I'd rather "zap" them some bullets between their ribs.