Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.
I think that blaming China for the fall in cryptocurrency prices is a little unwise. You hear news about China, because it is very beneficial for someone to hear them, but where is the guarantee that the curators of the market crashes and its growth are located in China? Perhaps they are in the US? Why not? Moreover, as the latest news says, employees of the same FRS also invest in cryptocurrencies and use insider information. I believe that you need to look at the situation from a slightly different angle, namely, who benefits from it the most. And it turns out that in this case for China it is not profitable, but for the United States it is. But this is also just an opinion and what is actually happening is very difficult to understand. As for the next drop in BTC prices, they will certainly be, but when no one will tell you 100%.