⚠️A THEORY EXPLAINS WHY #BITCOIN ALWAYS COLLAPSES EXACTLY AT 10 AM WHEN WALL STREET OPENS
👀Let's see since when this has been happening and who could be to blame:
🔹Recently, it has been observed that at the OPENING of the American market $BTC FALLS...
🔹Since November, this pattern has been repeating almost every day
🔹The same happened during the 2nd and 3rd quarters
🔹Wall Street opening = quick drop
🔹Then: slow recovery… until the cycle repeats
WHO WOULD BE BEHIND THIS⁉️
▪️@zerohedge has been pointing out that Jane Street is the main suspect
▪️It is one of the largest algorithmic trading firms in the world
▪️Supposedly has the capital and access to move the market for minutes
📊The pattern is CLASSIC high-frequency execution:
-They sell BTC right when the market opens
-They bring the price to liquidity zones
-They buy cheaper
-They repeat. And accumulate
🔸Jane Street already has $2.500M in the ETF IBIT of #BlackRock
🔸It is their 5th largest position
📍They would be accumulating without raising suspicions… while causing the price to drop
📍THE BIG INSTITUTIONS operate this way... Another recent example was JPMorgan increasing the FUD due to the exclusion of $MSTR from the indices and then announcing a new BOND of $BTC
Source: ZeroHedge
Chart: @BullTheoryio
