SAYLOR SAYS IF STRATEGY EQUITY TRADES ABOVE THE NET VALUE OF BTC, THEY SELL THE EQUITY, NOT BTC. BUT IF IT TRADES BELOW, THEY MAY SELL BTC OR BTC DERIVATIVES.
BREAKING: Bitcoin pumped $1500 on the lower than expected PCE data. But then it crashed -$3500 in 60 minutes.
This wiped out $155 million worth of long positions in last 1 hour.
There is no negative news or sudden FUD which could cause this type of sudden dump.
It appears that a few entities control the entire crypto market and they manipulate price almost every week to liquidate both leveraged longs and shorts.