Blackrock doesn't need to manipulate the price of Bitcoin.
If anything they want to manipulate it up so they are raking more USD from the ETF.
Also I'm suddenly remembering last year when everyone was talking about Uptober.
We had a banking crisis.
Bitcoin "crashed" to $20k.
Then it spiked to $28k before the end of the month which pretty much proved the bear market was over.
Uptober is one of those events that can't be countertraded.
No matter how many people believe in it.
It's one of those weird events that tends to happen anyway.
I believe you. You are usually much better at short term trend understanding than i.
I just get to see the big points in a nebulous timeline.
How much of the American dollar can actually vaporize? That is a question i have for determining actual price. If all of the derivatives move into crypto, the market cap gets huge. But, i feel the bridge, or doorway into crypto is not big enough, and all that funny money goes poof.
Then what?
We are left with paper dollars?
I think you're right you're just early to the party.
There's a time to harvest the BTC ETFs and illegally manipulate everything.
But that time is not now right out of the gate.
Now is the time for legitimate marketing on a literal record-breaking ETF asset.
It might even take a full cycle; like 5 years from now before they really start fucking around.
These people make plans and carry them out over decades after all.