Is BlackRock Secretly Influencing Bitcoin Price? Here's the Truth.

Coinpedia
Coinpedia

19 Sep 2023 11:02 AM

Recent developments and expert analysis indicate that the Bitcoin price fluctuations may have hidden motives. While Bitcoin hovers around crucial levels,...

  • BlackRock may be strategically suppressing Bitcoin's price to accumulate more at a discount.
  • The SEC's recent leniency could indicate a more receptive stance towards cryptocurrencies.
  • Bitcoin is facing resistance at $27,700, but if bullish momentum continues, it could reach $28,200.
  • The involvement of BlackRock and the SEC's role in the crypto market raise questions about hidden motives.

The article discusses the possibility of BlackRock manipulating Bitcoin's price and the SEC's potential role in favoring major players. The sentiment is mixed, with speculation about hidden motives and potential positive outcomes for Bitcoin.

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You May Ask

Is BlackRock intentionally suppressing Bitcoin's price to accumulate more at a discount?Could the SEC's recent leniency towards cryptocurrencies indicate a shift in their stance?What is the resistance level Bitcoin is currently facing?What are the potential outcomes if the bullish momentum in Bitcoin continues?What are the concerns raised about BlackRock's influence on Bitcoin ETF approvals?

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