Only the top big money traders were invited to trade the open of the contracts launch. How do I know this? When I found out the contracts went live I tried to trade them through my TD Ameritrade account and was rejected so I called customer support and was politely told to pound sand up my ass because my money was no good at the bar! That’s when I realized that some of the investors that we invited to trade it first were like cut bait and just there to provide equity for the sharks. You know how the old saying goes right? If you look around the table and you cant find the mark then the mark is you. This also helped me avoid getting caught up in the FOMO and getting trapped in positions where I would have to DCA like crazy just to get back to break even. See this old pump and dump has been around along time and it goes back tens of thousands of years. It’s human psychology and the Oligarchy are masters of that psychology and the manipulation there of. If you go and look at the CFTC reports you will see the smart money was heavy short from jump street and are still heavy short. Add that information with the massive advertising campaign that started back in August 2017 and led up to the contract open and you have a classic boiler room pump and dump. Which was also perfect timing to get paid just before Christmas. I’m sure that in the small circle of the Oligarchy the Christmas of 2017 will live in infamy.
You can relate this back to the Bugs Bunny Cartoon’s. If you can’t beat ’em, join ’em! The Oligarchy realized the power of Bitcoin and the future implications that the loss of control over the established monetary system would have on their way of life and their suffocating choke hold over humanity. They realized that the spark had already been lit and the revolution is on! Since they were not invited to the party they devised a plan to slow the train down long enough to jump aboard and ride to uncharted territory. They paid their whores well just look at the twins and others like Jamie Dimon and how he sold that ass like a dirty gutter slut! Yea I said it Bitch!
The institutional money (Sharks, Whales, Oligarchy) have been buying physical $BTC since they made the decision to launch Bitcoin Futures contracts over three years ago. When price peaked over $19,000 they were taking profits selling physical $BTC on the exchanges and shorting $BTC contracts via the CBOE and the . The $BTC price back in 2015 averaged around $250.00 a Bitcoin . That’s the primary reason Bitcoin could fall back between $1,000 to $1,500 because there is no big money to defend price until much lower levels. One week after the $BTC contract opened on December 19, 2017 there were 828 contracts long compared to 2,199 contracts short. The 828 long’s were controlled by 18 individual traders compared to the 2,199 short’s that were controlled by just 9 individual traders. This correlates perfectly to market statistics that have proven year over year that the majority of traders loose money and the masses are generally wrong.
The point of my post is to say that personally I will be moving forward with caution. I will be watching the CFTC’s Commitment of Traders weekly reports and waiting for a change in Relative (RVOL). As the chart shows big moves are signaled buy spikes in RVOL. We are still in a active pattern of short pressure signaled by the recent spike in RVOL on the bear candles that I have illustrated above. Stay safe Crypto Soldiers and keep the faith because this is the future of money and they know it. They are riddled with fear each and every day because they know the gig is up and its just a matter of time until mankind unites and overthrows the taskmaster! Power to the people, all people. Viva La Crypto!
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