CRYPTO Markets Can't Hold Back The Pump Anymore! Next Phase Is Up ONLY!
The House Of Crypto
Summary of Video Transcript
Introduction
The video discusses the current state of the crypto market, specifically why it's being suppressed despite bullish news. The host claims to have found evidence of market manipulation and will explain who is behind it and why.
Market Manipulation
The host uses a website called Arkham Intelligence to analyze finance wallets and noticed that Binance and Coinbase have been sending significant transactions to Wintermute, a market maker. Wintermute then sends crypto back to Binance and Coinbase, suppressing the price. This is done to prevent the market from breaking out upwards.
Wintermute
Wintermute is a market maker that works with major exchanges, creating buy and sell orders to encourage traders to invest. The host believes Wintermute is the largest market maker in crypto, with a significant impact on the market.
Reasons for Suppression
The host theories that the US government may be suppressing the market to allow them to create a strategic Bitcoin reserve. Additionally, exchanges like Coinbase and Binance may be incentivized to hold the price back for various reasons.
Bullish News and Future Predictions
Despite the suppression, the host believes the bull market will continue, driven by positive catalysts such as the creation of a Bitcoin strategic reserve and the involvement of big banks. The host predicts that the market will break out upwards soon, with Bitcoin potentially reaching $19,000 and then $138,000.
Altcoins and Market Adoption
The host discusses the potential for altcoins to recover and the importance of market adoption. As Bitcoin grows, people will take profits and move into altcoins, driving their prices up. The host believes that the current market is in the "disbelief" phase and will soon move into the "hope" and "optimism" phases.
Conclusion
The host concludes that the market suppression is temporary and that the bull market will continue. The host advises viewers to dollar-cost average (DCA) into the market and to be patient, as the growth will be significant. A new video will be released tomorrow, discussing AI agents with potential for massive gains.