Post
Topic
Board Bitcoin Discussion
Re: SEC: THE SPOT BITCOIN ETF FILINGS ARE INADEQUATE - WSJ CITING SOURCES.
by
ZAINmalik75
on 30/06/2023, 18:46:53 UTC
Inadequate doesn't men rejected. Plebs seem to think it was rejected. WRONG!! Blackrock, Fidelity will have to submit more supporting documents it seems
Its always the same trick. Its a nothing news and media outlets and CT make it bigger than what it really is lol. Retail sell the wick, whales fill up the bag.
Manipulation is at its peak, First, they make suspense and fear in the market then they come up with other good news like acceptance of crypto is being regulated in the UK and South Korea passing a cryptocurrency bill, and now recently i have heard the news about ADA, Matic, and Sol will not be traded in the US anymore. This will again create panic in the market but it will make no big impact because the impact it will make has already been made when the SEC sued Binance and Coinbase.

So, now we will only observe small dips touching the $29,600 support line. i read the news of which title you have used here, and i can say from my experience that they are just creating artificial entry points so that institutions could buy BTC at a good price. And, among the different purposes of sharing news abruptly by these CT and media outlets, there is one to get more coverage instead of giving any thought that it will also create panic.