Sorry I meant to add input to this and not just point out failings further absurdities. I think the hedgefund is going to be big, but I think it's been in the works long enough that big fish already got wind of the situation, and that is the reason for the market manipulation a we've seen where there are 1000-1500btc dumps aimed at causing panic in an otherwise healthy market. Bitcoin doesn't react to FUD these days, so the powers behind the shadows have to physically move the market to get people scared. Unfortunately the trading bots exaggerate the slippage and this has been keeping the consolidation period going. But basically the entire thing is happening because someone big wants in. I suspect multiple people are working together towards a mutal goal of causing orchestrated panic to keep a price ceiling in place while they work to position themselves better without causing a panic buying event. These are the kind of people who want to buy 50000 btc without any price slippage. That's a tough goal but what if you could pay your friends who have substantial market moving abilities to dump a few thousand coins and then buy back in lower? And do it over and over? To me this market manipulation is actually bullish, because it tells me smart money wants in, but they're doing it in a clinical and organized way to remain quiet. That means smart money believes in bitcoin, and they're smart  so that's why I think the fund hasn't caused a rise. I think last time there were two bear traps before the fire works, so why not this time?