Topic: Why Bitcoin's Price Surges and Drops Unexpectedly - page 2. (Read 231 times)
This is a game played by market makers, and we will undoubtedly have to endure such fake news in the future. There's no doubt anymore, and this is the phase where the whales are accumulating. They are generating false information to create frustration among investors, and in some cases even worse news, to buy tokens at extremely low prices. This is the time for investors to acquire their favorite tokens. Don't miss the opportunity in the last months of 2023, and 2024 is the time for us to take profits
The price of Bitcoin went up from $28,000 to $30,000 and then back down within minutes, all because of unproven rumors about the approval of a Bitcoin investment fund.
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_GBwiQ_-iJmYFD-WAg4D5J7jiIh9cZUCJahDs4BHe2fmeYiqJpR47_efnArySVteg4oSQEdl-jBZgw7KpzhWS1ZuojO0V_enWPFP2cA_6d6UP4u6huEWJbvx9vCxHW-IVnBeik-TTcPCFBOqCZWLrIvCsWaXzwgnRTyAfwZ90kVp0gVTNl_NmECoQFaar/w640-h638/Screenshot_1.jpg
On Monday, something interesting happened with Bitcoin. Its price went up from less than $28,000 to $30,000 in just a few minutes. The reason? Well, there were rumors on social media that the US Securities and Exchange Commission (SEC) had given the green light to BlackRock, a big company that handles investments, to create something called the iShares spot Bitcoin Exchange Traded Fund (ETF).
At first, a popular Twitter account called Cointelegraph posted this news but later deleted it. They then posted it again but added the word "reportedly" before also deleting that post. This made people doubt if the news was true or not, and they wanted to know where this information came from.
Continue reading...
https://www.cryptocrit.xyz/2023/10/why-bitcoins-price-surges-and-drops.html
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_GBwiQ_-iJmYFD-WAg4D5J7jiIh9cZUCJahDs4BHe2fmeYiqJpR47_efnArySVteg4oSQEdl-jBZgw7KpzhWS1ZuojO0V_enWPFP2cA_6d6UP4u6huEWJbvx9vCxHW-IVnBeik-TTcPCFBOqCZWLrIvCsWaXzwgnRTyAfwZ90kVp0gVTNl_NmECoQFaar/w640-h638/Screenshot_1.jpg
On Monday, something interesting happened with Bitcoin. Its price went up from less than $28,000 to $30,000 in just a few minutes. The reason? Well, there were rumors on social media that the US Securities and Exchange Commission (SEC) had given the green light to BlackRock, a big company that handles investments, to create something called the iShares spot Bitcoin Exchange Traded Fund (ETF).
At first, a popular Twitter account called Cointelegraph posted this news but later deleted it. They then posted it again but added the word "reportedly" before also deleting that post. This made people doubt if the news was true or not, and they wanted to know where this information came from.
Continue reading...
https://www.cryptocrit.xyz/2023/10/why-bitcoins-price-surges-and-drops.html
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