RECAP: ONLY GAME IN TOWN
ðManipulation? Chopsolidation? Who's Keeping BTC Alive?ð¥ #ManipulationChopsolidation
Todayâs Nuggets
Bitcoinâs Price Movement âLooks Very Manufacturedâ
BTC Demand Faltering?
MSTR and ETFs Only Game in Town
Liquidity on the Rise
Lutnick Confirmation as Secretary of Commerce
Strategy Announces Proposed Private Offering
This is the Bitcoin Daily Show, and this story is called The Only Game in Town.
We are going to look at some exciting on-chain things. We will identify who the players are and find out why; for two months, we have been chop-solidating, as it has been over 30 days since we had an all-time high.
We will look into who is buying and selling, and what threats are coming to the Bitcoin network. Also, who is Satoshi?
This is from Samson Mao, an OG in the space who predicted a $1M Bitcoin in 2025.
Everybody is frustrated about how range-bound Bitcoin has been. Bitcoin is $96,400, so we are $3,500 away from $100,000.
That might be off the table but he spoke about how we have been range-bound for over two months, trading between $92,400 and $106,500 since December 18. It has been over two months and he believes some price suppression is happening during a panel discussion in Hong Kong at Consensus.
We know that the big exchanges are working with the other players like Wintermute to make things go up and down and liquidate long. We also know the players are in the market. The question is,
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