Strategic Bitcoin Price Manipulation Analysis
10/6/2024 11:41:09 PM
According to SatoshiHeist, the current strategy involves initially pumping Bitcoin's price to $65,000 to create the illusion of successful macro trading. This is followed by a 'Bart' pattern to entice long positions for a potential continuation. Subsequently, the price will drop, but not below $54,000 to $57,000, with a preference for $59,000, to induce fear and uncertainty among traders. The plan is to maintain the price in this range to make traders doubt their strategies before initiating short positions. (Source)
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