This is a picture of the full moon I took on my terrible camera. Yes, it's a beautiful moon out this morning.
So Bitcoin sold off below 40k... Color me surprised. Yes, it was buy the rumor and sell the news.
The Bitcoin will be purchased OTC and now other financial firms will be adding cryptocurrency ETFs that will serve to manipulate and depress cryptocurrency prices.
I am not a huge fan of financial firms in general, and I know the Bitcoin rewards halving is coming soon. I see Bitcoin's price being endlessly manipulated by financial firms for the future.
Back to the prices seen in early December. We'll see if the overall bull run can be stopped by ETF manipulation. We know what they've done to gold and silver over the decades.
That's my concern. They have manipulated gold.and silver via ETF and futures. They can pump billions through ETFs for tax examptions and we should not cheer this. It's done via OTC purchases too.
We could be the first to start up "Bitcoin Anti-Trust Action Committee"... okay maybe not because I don't think GATA really accomplished much over the decades. Gold/silver is still heavily manipulated to this day, even though JPMorgan and other banks have been fined billions for rigging the market.
Bitcoin was made by the NSA. It's a way to funnel money from real world assets including gold. It's also a way for people to accept CBDC and it needs to be adopted and accepted as a legitimate asset so elites can continue to win big.
It pulls money from the gold market, but I find it also introduces people to the idea of owning gold. Some crypto investors move into bullion with their winnings. Many learn about money and currency through their involvement with bitcoin, and that leads them to understanding the value of gold and silver. I find learning about crypto also makes people less likely to fall for the CBDC scam. They understand what makes crypto different (privacy, decentralization, strict limit on supply, etc) and won't settle for what the elites are going to try shoving onto us. But yeah I have some theories about what's coming. Been watching and protesting the cashless economy for a long time. Not a theory anymore.
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