Hello Steemians,
Just a quick thought: I've been studying charting for only about six months now and focusing heavily on market manipulation techniques. With the massive MtGox settlement sell-off on Feb. 6 and now news of Tether/Bitfinex's involvement in the preceding run-up to ca. $20,000, it's quite obvious that cryptospace is being manipulated to some end.
Now, I always say that I'm not too into the occult, but they are, meaning whoever is behind the manipulation. It's been well-established with the connections between Maria Abramovich, John Podesta, and Jeffrey Epstein among the elites of politics and business indicate that there is a huge amount of ritual "magicks" taking place in boardrooms, capitols, and country houses throughout the West.
It disgusts me to mention it, but to reiterate: some of the people involved in crypto really believe in child sacrifice and summoning demons. Given the broken pentagram symbolism of some of the more heavily-touted offerings, it's pretty reasonable to ascertain that there is some kind of summoning ritual being performed. Maybe a demonically-possessed AI?
So anyway, how does this affect the price? Like many, I consider Bitcoin's fundamentals to be rock-solid: the price has nowhere to go but up. Therefore, the manipulators have two options: slow the price movement down so that people lose interest before tanking it so that people think 'the bubble has burst', or slow the price down until some other event occurs (such as them accumulating as many BTC as they desire) before allowing it to reassume its natural rise.
Given the massive war-chest present from the Mt. Gox settlement and its role in the Feb. 6 crash, it seems anticlimactic in the extreme for them to spend all that money just moving the price sideways. They could be saving it for another big dump after (Elliott) Wave 3, but if people are still so bullish after $20,000, they will only be more so after $40-100,000.
Now, in occult practices, certain dates do constitute major 'events'. Again, this is not my field, but I have often read of mass shootings and assassinations being staged on dates of particular occult significance as a 'sacrifice'. The Summer Solstice is one of the most significant dates in the pagan calendar, and we see (perhaps) the end of an artificially-induced sideways pattern (the so-called 'Bart' pattern) and the resumption of the previous downward movement.
Could it be that the manipulators have been timing the price suppression as part of a spell or ritual?
The goal of the manipulators has been, in my opinion, to create a bubble in the BTC price and then deflate it, thereby amplifying and harvesting the emotional intensity of BTC and using it to fuel their more nefarious projects such as ETH and EOS (Mark of the Beast). I predict that today will mark the end of the sideways movement which they may have been able to buy not only with physical (fiat) capital but perhaps by making some kind of pact with extradimensional beings. So, from here we should see a massive and swift drop before the resumption of upward movement. As always, I remain confident that good shall prevail.
Furthermore it is my unqualified opinion that this manipulation and that of other markets such as silver bullion are bankrupting these evil actors, bleeding them dry. It seems to me that they are running out of time and their only strategy is to stall. Time is on our side.
Thanks for reading, please upvote, comment, resteem, and follow!
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