Dear @lupafilotaxia

From the moment when ETF has been approved it has been clear to me that amount of market manipulation within crypto space will reach all time high right now.

Most people seem to believed that approving all those ETF applications will result with increasing demand for bitcoin. I see it differently. In my opinion all those big institutions will take time to accumulate BTC and will use their influence and resources to keep crashing the market during that accumulation period. I think it does make sense and should be easy to understand.

"We might see some "sell the news" action, but only from some short-term traders.

Perhaps we would see sell-the-news scenario happening if we could also witness solid PUMP right before ETF approval. But that did not really happen.

I've read theories that recent dump was nothing more than 'buy the rumour and sell the news'. I disagree with that as well. That dump that took place recently (from 46k to 42k) does not look to me like it has been "organic" at all. I consider it nothing more than market manipulation and we all shall get used to it. Big boys will shake crypto market very often and by doing so they will move BTC from hands of regular investors to their own hands.

In long term I believe that price of BTC will reach some crazy levels. Most likely, once big boys will be done with accumulating then they will use influence and resources to pump it.
Just my own 2 cents,

ps.
You got an amazing payout for that post. wow

Yours,
Piotr