Soros, like many other huge funds and individual whales have been manipulating the price of bitcoin down to these levels since the top in Dec '17, patiently waiting for a low price to start accumulation (this is why we got the futures, so they had an efficient means of shorting).

Next, they're probably working behind the scenes to get the ETF launched AFTER they filled their bags with cheap bitcoin. That's when the next wave of dumb money starts to rush in.. "A bitcoin etf? Wow, finally an easy way to diversify my retirement portfolio without the hassle and tax nightmare of crypto exchanges!"

Not until the next parabolic blowoff top will we see Georgie boy short the shit out of BTC. He needs your granny to dump her life savings into this market before he tanks it.