For everyone saying this Bitcoin crash from $126k to $80k is not manipulation please read this.
So since the October 10th flash crash which wiped out $19 billion, the biggest liquidation event in the history of crypto:
- U.S. Stocks are up 8%, they recovered and many even hit new all-time highs.
- But Bitcoin is still down -29% and it never recovered since that day. Every pump we see is getting destroyed by relentless dumping.
- Almost every other day we see $500 million getting liquidated from the market.
If it was just a leverage it should have been a very short term and the market shoul