SEC might be colluding with BlackRock to manipulate the price of Bitcoin right before our eyes, and they're doing it conveniently after the Federal Reserve just dropped interest rates by 50 basis points.
This 50 basis point cut is extremely aggressive. Everybody's been saying that this is bullish. I sold all of my cryptocurrency when this happened. I just sold all of my cryptocurrency to cash.
Two days after they make the rate cuts on September 18th, 2024, they happen to input options trading for the BlackRock spot Bitcoin ETF.
Options trading involves buying and selling assets at a predetermined price and date, and it gives the availability for someone to short Bitcoin. So now you could place a bet on Bitcoin specifically through BlackRock. You could bet that the price is going to go down.
And before you could not do this, and this is two days after the Federal Reserve decreases interest rates, it seems like somebody's trying to make some money.
And to make matters worse, they're doing this on an accelerated basis. I personally believe that somebody's trying to make money off of shorting the market.
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