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Below is my response to a great post by another user who was exploring the clickbait nature of crypto media:
βBlackrock talking about a 50% crash is criminal, as if we canβt see their ulterior motive.
JP Morgan did the same thing around the time of the ETF approvals: talking Bitcoin down, despite being listed as a custodian for some of the applications.
Expecting a duty of care from these Wall Street goliaths is simply expecting too much. Their primary objective is - and always has been - profit.
As for the clickbait nature of crypto news, there was an article a few years back which proved the link between the whales and the crypto media. They literally generate a narrative to suit their next trade.
I personally have always maintained that the Halving Cycle is the strongest determinant of long-term price action AND the whales throw the kitchen sink at obscuring that fact to the general trading public.
The narrative of a βleft-sided cycleβ is a perfect example of their obfuscation (in my view). The whales are planting the seed early that the market wonβt peak in Q4 2025 in line with the 3 cycles that came before it.
Another example is talk of a βSupercycleβ. This narrative will reach fever pitch as we approach October and November next year, just as the whales simultaneously unload their bags.
The trick is to formulate your long and short-term trading strategy, and put the ear-muffs on whenever crypto news is playing.β
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$BTC$JPM (JPMorgan Chase & Co)$BLK (BlackRock Inc)$IBIT
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