RE: THE "TRUTH" BEHIND RECENT FLASH CRASH. Is dream of BTC reaching 100k usd this year over?
Dear @muratkbesiroglu
I truly appreciate your awesome comment buddy.
I think that it is unlikely that Bitcoin will reach 100,000 by the end of the year.
Now it's clear more than ever. BTC is already below 50k and only 20 days left till end of the year. I'm not even sure if reaching all time high is even possible any more in such a short span of time.
There have been people who predicted that December of this year will be similar to 2013 or 2017. ( Two peaks seen on the chart)
And those people would most likely be right. If those leveraged longs would not be liquidated, then BTC would probably break ATH already. But that one huge manipulation and following cascade of liquidations changed everything. Wouldn't you agree?
Stay safe and enjoy upcoming weekend :)
Yours, Piotr