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BitCoin BigShort

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by COINS NEWS 81 Views

Most of my financial knowhow comes from watching The Big Short so if there's any experts then please correct me.

We are approaching BTC ATH but whats different this time is the presence of ETF's which allow institutions to buy up BTC, pushing up the price ahead of next months halving event. All indications are extremely bullish and there's huge demand from retail FOMO's.

But, what prevents the same institutions shorting BTC whilst dumping coins after the halving to force down the price, similar to banks playing both sides of the market as in 2008. They would make a fortune! Is there anyway of checking if Blackrock or similar are loading up on shorts for 2024/2025? Surely this would be a signal of upcoming foul play.

submitted by /u/Few_Ad6516
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