Is Blackrock actually crashing Bitcoin right now?
The theory that Blackrock is intentionally crashing Bitcoin before their ETF goes live is both fun to think about and makes sense
Think about it: their goal is to maximize market share and AUM
If they deploy BTC ETF at the lowest possible price, their clients get better entries, make more gains and deposit more
Blackrock delivers a big W
If they go live with ETF after a big pump has taken place, their clients might get dumped on, and worse yet... withdraw
No idea if it's happening but logic is clearly there (ellio)
$BTC