Just want to say that this idea does not call for FUD, and is posted only for discussion!
The last few days I’ve been thinking about the psychology and strategy of the manipulator, “why did he buy so many bitcoins , if he could make it lower,” “why did he buy it at that time,” “does he know something that we don’t know”.
Certainly we will know for sure only after a while. But we can think what his motives are possible.
Cryptocurrency market is a wild west, here you can do anything, and earn as you want. No one regulates it, and no one will be held responsible for the manipulations. Therefore, there is no place for emotions.
I think how to cause real fear in people that will force them to sell all their coins at a loss. It is right to give them hope that the market has changed, the bears are gone and now we have a bright future, lambo, penthouses and models.
For this, nothing new needs to be invented, we have done this many times already, and we will do it again. We buy bitcoins for a hundred million, the crowd rejoices, all analysts are for growth, shorts are liquidated for $ 500 million, and until the crowd go into the longs we sell our own bitcoins and go into a short position, and we earn both by buying and selling.
And then comes the depression, there is no real buyer, the crowd is already in the longs and the real seller comes and sells a large amount of bitcoins , with the longs liquidation not for hundreds, for a billion dollars. Arthur Hayes is happy.
The capitulation is a big fear that will make the crowd sell the last coins! Create such a fear is take away last hope about to the moon.
I do not claim that this will happen, but I do not in any way deceive myself and ask myself the question "Why do we have to grow?", "Why was it the bottom?", Nothing fundamentally changed!
All the authors, who published their ideas that there was no bottom yet, changed their decision, which means that the manipulation is successful!
I repeat my friends, this is not a call to action, we are trying to understand the next step of the manipulator! And given the following, I think the answer is obvious: BTC (Longs/shorts): 58%/42%, ETH (Longs/shorts): 91%/8%, EOS (Longs/shorts) 67%/32%. Crypto fear & greed index - Greed!
The crowd believes in a bright future, the manipulator did it ingeniously!
I would also like to share with you how this situation with capitulation looks like in comparison with the index Nasdaq
Just watch this. Bottom is in. This guy was bearish all of 2018. Look him up on twitter. You're fooling yourself if you think its going lower than 3k