https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price
you mean Chainalysis, the company proven to be acting against the interests of Bitcoin holders and the Bitcoin ethos, that company?
why should we take their technical analysis as anything more than a part of their wider push for the incumbent financial system to exert more control over cryptocurrencies? They have every incentive to promote the prevention of using cryptocurrencies freely, their business literally is the undermining of capitalism in Bitcoin (i.e. where everyone is enable to behave as an adult that manages their own risk and responsibility)
And I'm slightly taken aback that I'm the first person on this thread to say any of the above.
The whole thing sounds like some level of bullshit to me, how on earth can $2 billion of dumb money really become convinced of a scheme that didn't have any upfront delivery of any known asset? It sounds very unlikely to me, although not impossible of course. And then Chainalysis come along with their Craig Wrong blockchain-based "evidence" act, full of assumptions we're expected to be too stupid to challenge.