Bitcoin fell from $29,300 to $26,000 due to Elon Musk? Should we panic? What's going on? 📉🪙🤔

Mark Yusko explained how this Whale trick works here: https://www.bitchute.com/video/MXJsWC1wF86R/
Bitcoin hit nearly $70k after the 2020 Halving. Then the COVID plandemic hit, lockdowns and business closures destroyed the economy and people were out of work. Folks started selling the easiest thing they could depart with: Crypto, Stocks & Bonds to stay afloat. The market became flooded with more sellers than buyers. Everything crashed btw, not just Bitcoin. We are still recovering from that unnecessary government-led destruction btw.

These people weren't going to sell their homes or cars. Selling crypto is the easiest thing to get rid of for quick cash to pay their mortgages. Whales noticed this and sold off a HUGE supply when the price was above $60k. Then a very suspiciously collapse of "Scam Bankman-Fraud's" FTX Ponzi occurred and the media and SEC pounced on the opportunity to trash Bitcoin and go after Crypto Altcoins. Investors pulled out of Bitcoin and Crypto in general, so they all tanked even lower. Bitcoin fell down to a low of $15,500. (Consider that before it rose to $70k, BTC was at $7k to $8k, so a $15k low from COVID is still double what it was just a few years earlier anyway).

Then those same Whales came back and bought up all that Bitcoin, getting 4x the supply for the same money they got from selling at $60k - $70k. This is why exchanges back then were flooded with Bitcoin, but weeks ago they reported an all time low of BTC supply that keeps depleting.

This is being done on purpose. It's opportunism for these traders and Whales. If you sell now the price will go back up. They did this same trick just a few months ago dropping the BTC price to $25,800. Then it shot up to $31k when they bought it all back up a week after.

Mark Yusko and others predicted this and said in the months before the Halving or SEC approving those Bitcoin Spot ETF's, the whales will crash the price by selling off large quantities to Exchanges, which will trigger a panic sell by traders, then civilian holders. Those whales will come right back and buy it all up at a cheaper price. Rinse, wash, repeat.

It's very telling this crash occurred days after the SEC announced they would report back on the Bitcoin Spot ETF approval in early 2024, right before the Halving. If they approve it, and then the Bitcoin Halving occurs, the price of Bitcoin will go parabolic and I guarantee the supply will be evaporated from Exchanges once again. This is a money making game to them. Don't fall for it.

Think of it as a gift before the Halving. You have been given a unique opportunity to Stack Sats before the 2024 Halving. We have all seen the price of Bitcoin, double, triple, quadrupole and more within 18 months of a Halving event. So take advantage of this cheap Bitcoin while you can!

What is most important is the Bitcoin Hash Rate. Hash Rate shows you how many miners are processing Bitcoin and how many transactions are going on. Spoiler Alert: It's higher than ever!

Bitcoin began 2023 at a price of $20,250 in January, so keep it all in perspective. "When in doubt, just zoom out!"

Dollar Cost Average, Buy the Dip and HODL. By 2025 you'll be glad you did. Trust me. All this stuff is noise. What really matters is price every 4 years.
A watched pot never boils. Rip Van Winkle on it for a while and check back in a year or so, you'll be happy you didn't sell.

🦁 www.MAGAlionHAT.com 🦁
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