Quote from: suzanne5223 on Today at 11:00:23 AM

Firstly, the currency market situation does not justify the future market price.
Having said that, a moment like the current sudden downtrend in the market should be expected ever since the institutional banking pop into the crypto market through the spot ETF.
Second, the downtrend was caused by the TradingJump which is a proprietary trading firm owned by Principal Traders Group which is an association of firms that trade on futures, options, and equities markets worldwide. They did some huge sell-offs worldwide and if you follow the crypto, and stock market you'll see that as crypto experiences a downtrend so does the US stock, Japan, China, etc. I believe BlackRock and other powerful investment organizations are behind this.

It is obvious that this is another manipulation, possibly on the part of BlackRock or other large players who have not yet added positions to their portfolios and are clearly trying to do this at more favorable prices. And in this situation, I think it is positive how quickly the price of bitcoin is recovering, in my opinion, this indicates that it is being actively bought up.

I expect that the movement in bitcoin should begin in the fall, possibly closer to the US elections, and until then it will be a period of gaining positions for those who have not done so yet, so I will not be surprised if this is not the last correction before the bull run. Very large players have entered the game, with very large opportunities and they definitely have the ability to manipulate the market. I thought that the price of bitcoin would not fall below 50k, but as it turned out, this is possible and without great difficulties, but it is good that the price is growing, and did not remain at this level.