🚨 Why Bitcoin always dumps at 10 a.m. when the U.S. market opens ?

Today, Bitcoin erased 16 hours of gains in just 20 minutes after the US market opened.

Since early November, BTC has dumped most of the time after US market opens. The same thing happened in Q2 and Q3.

@zerohedge has been calling this out repeatedly, and he thinks Jane Street is the most likely entity doing this.

When you look at the chart, the pattern is too consistent to ignore: a clean wipeout within an hour of the market opening followed by slow recovery. That’s classic high-frequency execution.

And it fits their profile:

• Jane Street is one of the largest high-frequency trading firms in the world.

• They have the speed and liquidity to move markets for a few minutes.

The behavior looks simple:

1. Dump BTC at the open.

2. Push the price into liquidity pockets.

3. Re-enter lower.

4. Repeat daily.

And by doing this, they have accumulated billions in $BTC .

As of now, Jane Street holds $2.5B worth of BlackRock’s IBIT ETF, their 5th largest position.

This means most of the dump in BTC isn't due to macro weakness but due to manipulation by one major entity.

And once these big players are done with buying, BTC will continue its upward momentum.