Why #bitcoin won’t go up? #shorts #crypto
The House Of Crypto
Reasons for Bitcoin and Altcoins Not Pumping
- Binance and Coinbase, the largest crypto exchanges, may be manipulating prices.
- They may want to drive prices down to flush out leverage positions before prices can go higher.
How Exchanges Manipulate Prices
- Move Bitcoin and other coins to Wintermute during positive news.
- Use negative news as a smoke screen to send crypto back to exchanges and crash prices.
- Liquidate long positions until people feel bearish.
- Then, turn prices around and move them upwards.