1) The rich investors knew the crypto market was going to plunge just before the SEC meeting.
2) They sold off their stocks (down 9% or so since Jan 22) anticipating the crypto plunge
3) They now have funds available in their accounts to play the crypto market.
4) Crypto market will go to astronomical levels it has never seen before, like 100k+ for BTC.
5) Media will talk about it nonstop, and ignorant masses (like I was a month ago) will invest buying at market price
6) This will become the new bubble. Huge one.
7) The intelligent advantaged seasoned rich traders sell off and play/milk the market daytrading (with assistance of bots & computers)
bubble pops
9) Huge transfer of wealth, yet again from the ignorant lower class to richest people. Just like the tech bubble, housing bubble -- now the crypto bubble.
Just a thought anyways
Even how many negative feedbacks or thoughts I heard I still believe in btc and other crypto that I am holding today because soon I know everything will go up again as I expected. If the price is now in stable dump then yes I still hold because I know that it will soon go up and I earn more profit than what I expect because btc will go up again and I do believe in that.2) They sold off their stocks (down 9% or so since Jan 22) anticipating the crypto plunge
3) They now have funds available in their accounts to play the crypto market.
4) Crypto market will go to astronomical levels it has never seen before, like 100k+ for BTC.
5) Media will talk about it nonstop, and ignorant masses (like I was a month ago) will invest buying at market price
6) This will become the new bubble. Huge one.
7) The intelligent advantaged seasoned rich traders sell off and play/milk the market daytrading (with assistance of bots & computers)
bubble pops9) Huge transfer of wealth, yet again from the ignorant lower class to richest people. Just like the tech bubble, housing bubble -- now the crypto bubble.
Just a thought anyways