Some analysts explain the recent decline of Bitcoin price by the Wall Street investors, who tries to enter the market massively for a discount price after the first future contracts expired January 26.
Here a quote from a trader with large followers on Telegram:
Bitcoin price prediction cobe and C.M.E contract is expiring on 26 Jan 2018 on this date after contract expiration we will see biggest Bitcoin pump of history wall street buy back of Bitcoin .Bitcoin future contract mostly got long postion holding which is mainpulated by wall street players Before 26 Jan 2018 wall street buy altcoins and we will see another huge ATH for altcoins before 26 Jan 2018
What do you think?
I would not be concerned about the Wall Street investors, who will do as they please, but rather about the victims of that "trader with large followers on Telegram" trying to lure his followers into some financial decisions that suit him with a slogan "buy before Jan 26th and then great pump comes!". My first thought would be to check on how he monetizes on his followers and their decisions
EDIT: and it is not only me:
Usually when I am reading a news like that which suggest me that the prices will shoot up, I start to suspect that this is a bulltrap and that the prices are instead going to collapse. Deceiving Rumors ...