thecryer

The Black Swan Method

Long
thecryer Updated   
KRAKEN:BTCUSD   Bitcoin
- Making TA as a trader is like reading a magical ball but some major unpredictable events are out of control.
- i usually accurate most of the time but i should be a fool to think i am always right, it's impossible to make TA in that markets conditions.
- So this post is not to make some kind of predictions but to warn peoples on what's going on right now.

- i will try to explain very basically the situation (with my bad english skills, so forgive me if i make some mistakes) :

1/ the first attack was based on Luna and UST, some entities started to short UST/Luna with some billions $, FTX and SBF surely did it. Luna tried to save the situation with their BTC reserve but it was effortless. they lost all. (Luna have never been hacked, important to specify this )

2/ the fail of UST was the first step to create a snowball effect.

3/ 3AC, Celsius, Voyager, and much more were all involved in Luna/UST and Anchor Protocol witch was giving 18% returns on UST. They used customers funds in UST and staked, when the situation started to turn really bad for Luna, they tried to save the situation trading customers funds and they failed. (any of those companies have been hacked, important to specify this )

4/ FTX used customers funds and started to short their own products, FTT, SOL, SRM, etc , Binance saw the move and twitted that they will drop all their FTT.
FTX locked their customers wallets. FTX used 8B$ Customers funds to short markets. they are still right now trying to short USDT on Binance. (FTX have never been hacked, important to specify this).


5/ The snow ball started to be transformed in an avalanche. The damage here is huge. An exchange implosion of this magnitude is a gift to bitcoin haters all over the world.

6/ Sam bankman-fried was a Trojan horse in the crypto space, surely backed by banks and govs, a kind of worm witch have to be eradicated.

7/ Soon bankers will tell you, " u saw what happened with your exchanges ??!!, better use CDBC and stick with Banks!! ", this is their ultimate goal.


- i pray for everyone who got caught up in this mess and lost money with those bad actors.

- i hope you take care of yourself and continue to be a part of this journey.

- i hope it doesn't turn you off of crypto witch are here to stay in the future.

- BTC is resilient. No matter the magnitude of the earthquake.

- Buy BTC
- Store in Ledger, Trezor or Paper Wallet.
- Hodl and come back later.

Have faith in what you believe and fight. Thanks for reading!

PS : Not sure this post will get me banned or censored, but at this point the freedom of speech is an human right.



Comment:
The second BTC Pump to 69k in the bullmarket was a pure fake orchestrated by Alameda Research. That one of a reason i published this Chart, it was really obvious.

Comment:
Numbers are talking :

Comment:
This is to remind you that 17.5k would have been the real bottom if this man didn't lie to his 1 million Customers. BTC will back stronger from this story.

Comment:
- They tried to kill TheKing.

- They Fail.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.