Who controls the Bitcoin exchange rate?


At the time of writing this post the Bitcoin rate is about $43K. Most recently, I wrote a post at a rate of $25K. What happened during these two-three months? The most interesting thing is that nothing really happened. Only, there are more and more rumors that Bitcoin-ETF will soon be approved. However, rumors do not affect fundamental processes.

Note how Bitcoin grew. It grows discreetly: it will stand a little, grows, and again stands on the "shelf".


I think we have a beautiful market manipulation process ahead of us.


Cryptocurrency is now becoming the perfect target for manipulators. The market is nervous, capitalization is small, and the dynamics can be influenced by information injections. 



In parallel, there is a process of monopolization of control over the crypto business. Binance has actually come under the control of the authorities, it is possible to reincarnate FTX, but with a different level of control.


I would consider the upcoming approval of Bitcoin-ETF as an enhanced control. In fact, Bitcoin will gain access to traditional exchanges. At the same time, the ETF will be organized by large institutional investors and traded on leading exchanges. At the same time, all these crypto-business subjects have learned to cooperate with the authorities and act in accordance with their policies.


With a high probability we get a well-managed rate of bitcoin and other cryptocurrencies. 

And that’s sad. The smaller the free market, the higher the corruption and unfair competition. 


And now pay attention - how stable is the positive dynamics of Forcecoin. Unlike Bitcoin, it has practical value, it is needed in our Meta Force Metaverse. Meta Force Metaverse itself technologically guarantees business freedom. Interestingly, two parallel processes are developing: a decline in the level of freedom of the crypto business, while at Meta Force freedom is only growing. 


And it’s not a demarche, it’s not a resistance, it’s just that we think it’s more efficient. 

On the other hand, I believe that the blockchain contains such powerful fundamental solutions that it is capable of resisting any attempt to control it. So it’s just beginning.


#BitcoinExchangeRate #CryptoManipulation #BitcoinETFApproval #MetaForceMetaverse #BlockchainResistance

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