Oddbean new post about | logout
 Central planners are currently confusing everyone, keeping the #Bitcoin/USD exchange down by slushing Bitcoin around between Seized/ETFs/Tether/Futures. Essentially buying and selling to themselves at manipulated prices. Propping up the USD, allowing them to back fill losses with minimally printed money. To avoid a rapid collapse of the system. Can’t have the stock market collapse at the same time Bitcoin go to 100k….

Example, today’s manipulation: https://image.nostr.build/649989574a3850f4bed998b368763d0e12ff5d8140659baeaf0e72d216a705f7.jpg  
 the oligarchs don’t really like bitcoin, they just want to use it like the rest of the games in the casino. We’ll see how that turns out