Hat Trick: Cryptocurrency Price Pumping Manipulation While Economy Slows

After reaching $20,000 back in December of 2017, bitcoin’s price collapsed over 80% in a year & traded in a range suppressed under $10,000 for many months. Yet, despite no apparent fundamental or technical trading justifications, Bitcoin’s price shot up over 23% out of the blue on April 2nd due to algorithmic trading & a $100 million Asian-sourced order spread across 3 crypto exchanges between the US & Luxembourg. That trade in turn sheep-herded the rest of the cryptocurrency complex to rise as well, naturally. The tactical planners punching the keyboard buy orders clearly are pushing to get the public to start paying attention & investing again in this nascent, opaquely run sector while platforming automated, algorithmic protocols as the newly welcomed ‘efficiency’ paradigm for this, and presumably other future, asset classes. This is occurring despite, or perhaps because of, rising dismal economic & geopolitical news across the world from the perspectives of the transatlantic financial establishment, which has been tacitly, patiently planning wider global rollout & universal institutional adaptation of digital currencies for decades now.

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Hat Trick: Cryptocurrency Price Pumping Manipulation While Economy Slows

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Kane Dane