I am not particularly religious but in these tough times I am PRAYING as if there is no tomorrow. Tether is printing fake dollars like crazy and they are working hard to pump this ponzi scheme! As we all know the dark force has STRONGER powers, but in the end they always LOSE. It is their GREED that takes them down. Everyone who is putting their capital at risk here by shorting.... I salute them. You are my hero, you are my idol. You deserve the riches for bringing this evil ponzi scheme on it's knees, if only it works. The dark and evil forces are pumping hot air into the bubble and the burst is inevitable. Disheartening to see what the world has turned into. Prayers are our own only hope at this moment. There seems to be no light at the end of the tunnel as Bitcoin faces potential new all time highs. We pray for the lord to not let that happen as that would unleash the hell upon us.
Ok... who wants a juicy bullish conspiracy? So I just watched this podcast from George Gammon. I really like his financial stuff. Here he is getting info on the Trump assassination attempt from his lawyer. They are working together on a case to sue the Fed, but this is mentioned just to illustrate the relationship between these two guys. The allegations are wild, but I'd say very credible. Its everything from multiple shooters, and bullet trajectory proving this, to his regular security team not being available on purpose so they had a bunch of subs, to questing why Trump wasn't covered after he went down, and the list goes on. Anyway, the juicy part is this. They were planning to pin it on the young kid, and there is info coming out that he apparently had 3 crypto accounts, and that the assassination was because he was mad about crypto and that he could have been backed by Iran who of course paid in crypto and that now proves that crypto is bad. Now if there is any shred of truth to this, it absolutely makes sense why Trump would do a 180 on Bitcoin and actually want to make it a strategic reserve asset. Its clear the deep state wants Trump dead, and shutting down Bitcoin is of vital importance to them. So now Trump has to greenlight and expedite absolutely everything that the deep state is trying to take down. Its absolutely wild what is suggested in this video and it sounds way more plausible than it just being one kid responsible with a disorganized Secret Service.
Bitcoin is the biggest scam and financial fraud that has ever been dumped on retail. You can let these scams grow and flourish, BUT AT SOME POINT.... action has to be taken. This has already gotten past the lines of maximum absurdity. They've allowed the president to get assassinated... But this has failed. So given the failed assassination, the glimmer of hope is that they will embarrass him and rug the crypto markets just before he speaks at the Bitcoin conference (27th of July). I don't know if this is likely because they are so incompetent... So the fear is that the market manipulators will use Trumps attention on Bitcoin to pump the price even higher.
I would disagree... Because when market goes down it liquidates more than x10 more compared to when it goes up. The pain is to the downside, but for as long as Bitfinex/Tether are alive, they can just buy every dip and pump the price up. They've done it at $40K previously and now at $53K. The bitfinex BTCUSDT longs increase heavily and there is signficant premium on the bitfinex exchange on these dips. there is no use case for Bitcoin. It doesn't do or produce anything. But it doesn't matter for as long as price goes up people chase returns and ETF buyers buy when price is up. Price goes up due to buying with fake Tethers. If Bitfinex/Tether are unalived, then we dump straight below $10k. If they are not unalived they can easily pump it past $80K also cuz it's all fairy dust anyways. But that's why i say there is a glimmer of hope that they unalive them THIS WEEK in order to crush Trump. But obviously i don't know what will happen.