Summary
- Mike Alfred said he detected signs that large players on Wall Street are deliberately driving down Bitcoin prices.
- He revealed that these players are showing movements to pressure companies like Strategy that purchase Bitcoin through leverage.
- He also stated that the BTC price drop is an attempt to make it difficult for companies like Strategy to raise funds using Bitcoin as collateral.
As Bitcoin (BTC) entered a bearish market in just one day, claims have emerged that Wall Street whales might be behind this downward trend.
On the 4th, Mike Alfred of Eaglebrook Advisors said through X (Twitter), "Signs have been detected that large players on Wall Street are intentionally trying to drive down Bitcoin prices."
Specifically, Alfred explained, "These Wall Street movements are a means to pressure companies like Strategy (formerly MicroStrategy) that accumulate Bitcoin through leverage," adding, "When BTC prices fall, it becomes difficult for companies like Strategy to raise funds using BTC as collateral. They're trying to destroy the market system that makes Bitcoin easily accessible."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
