Bitcoin Conspiracy Alive And Well
Someone took a 10,000 BTC short position and the Bitcoin Market dropped significantly within days. Some believe the Goldman Sachs news that they would not be opening a cryptocurrency trading desk is what caused the market to plunge.However, AI detected unusual market behavior and some data scientists believe the drop was due to market manipulation or insider trading.
Yup, every market in the world is manipulated and the crypto market is no exception.
It's not surprising. And like the article said...that same BTC will money will probably enter the market all at once...so expect a nice upswing off this trade!
Very interesting data, it seems there was something fishy about the trading.
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