I think most of crypto is owned by a few hundred entities around the world. They’re all selling their alt coins and will go straight into Bitcoin as soon as the etf is approved. They’re unloading all their alt coins.
Then they’ll buy up the alt coins that they ruined after taking profits on btc. It’s the only thing that makes sense. How btc can not move and basically every coin is dumping day by day, while everyone is dead silent on it.
They’re going to be able to double dip their profits and wreck everyone who hasn’t moved their alts to Bitcoin. I am wondering when the dump will stop but I don’t think it will. It will continue dumping until the BTC etf is approved. I wish I would’ve done something about it a week ago.
What do you all think?
submitted by /u/defialpro
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