[[trading crypto]] Let me explain how this works: Bitcoi…

[[trading crypto]] Let me explain how this works: Bitcoin BTC goes up to $120k, a bunch of degenerates leverage long the breakout, the market makers eat their buys, then dump and liquidate the 25-100x leverage positions back to $116k. Spot price adjusts as arbitrageurs trade the difference. Meanwhile, 100 treasury companies are using the volatility to gather funds to buy more Bitcoin sustaining the price of spot and OTC. Price gradually moves back up as spot bids sustain from buyers that are price agnostic (most of the treasury companies) and TWAP buyers Eventually the coins available in this range disappear into stronger hands and the price moves up to the next area of sellers. Rinse, repeat.