BlackRock wants to reduce the price of Bitcoin

[Blitzboy]

There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.

This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.

Of course it makes sense, blackrock has everything to control anything in the market and with the price drop it's not out of the question of blackrock being involved. It may sound strange, but just imagine a big institution trying to get into Bitcoin and at the same time Bitcoin drops quite a bit. Furthermore, blackrock's access to a number of securities also seems easy, anyone would know how the industrial giant's economy can instantly launch for its goals.

Is this good for Bitcoin going forward? in the short term it might be bullish once the ETF opens, but after that I'm not sure that Bitcoin cycles will be the same every 4 years. Like it or not blackrock will still go into Bitcoin, and all we can do is buy more now than before everything was really under control.

If Blackrock invests heavily in Bitcoin, it might impact the cryptocurrency industry. Large institutions move intentionally. When powerful, the market moves.

Bitcoin was founded on decentralisation principles. Even titans like Blackrock cant tame its wild spirit. The near term may be bullish if an ETF opens. Bitcoin has repeatedly proven its strength over time. Despite minor cycle changes, the core remains. I've witnessed a lot of changes in my lengthy life.

We must be optimistic and realistic. Bitcoin was created for the people. No matter how much we assume, the Bitcoin community keeps it going. Keep your eye on the prize and, like you stated, buy more before the big shots take over.

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[Z-tight]

Twitter guys and so many members in this forum are always trying to find one reason or the other why BTC price dumped, isn't rising as fast as they want or is pumping, most times many of their reasons do not even make sense when you analyse it without sentiments and with facts. Blackrock isn't trying to dump the price of BTC, twitter guys make these kind of claims because they know this is the news that will bring traffic, there are too many speculators in the market, and they are all looking for grounds to base their next speculation on the price.

Even if Blackrock is doing this, i'll not complain, i will rather buy more coins for a cheaper price. Too many of the people who make noise on social media are not even buying BTC right now, they are the weak hands who start to buy only when the price starts to rise, they only buy when it is fomo time.

[Jatiluhung]

Market manipulation, news media manipulation through fud news and so on will continue to emerge in a bearish market. It will end when the bull market really has come. Rumors are still just rumors. And we, who are also market participants, can only take advantage of any rumors that arise and go with the flow.

And regarding large institutions that start to enter into bitcoin, of course there will be various rumors regarding the institutions themselves. But believe me when they are accumulating it is very difficult for rumors to surface. They will move and accumulate silently without anyone noticing. And I believe that when Fud ends and positive news begins to overwhelm the media. Then it is an indication that they are done accumulating.

[Franctoshi]

There have been rumors in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates, and for this they will make the market crash more. I don't know if this news is true or if it is just a rumor.

This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.

This might not be far away from the truth, they have a lot of money and are aiming to have the largest share by acquiring more bitcoins, whether this is true or not and no matter how much pressure they mount on the market to further bring down the price I'm not going to panic sell my BTC at this point of this market cycle and only fools will sell. Rather I would find a way to leverage this opportunity and I will be reserving some funds in case an unexpected event happens.

[Rabata]

There are many types of hype in crypto which is nothing new. But many are concerned about the kind of rumors that have surfaced against Black Rock, even though they have no basis. Black Rock have invested heavily in crypto and want to increase their investment in the future as well. However, in the case of such institutional investors, there is always an attempt to save their interests by influencing the market. If common investors are aware of this then they will not worry about their bitcoins. There are some investors who are worried if the price of Bitcoin falls by small amount, particularly those investors need to take a better Idea about Bitcoin.

[coolcoinz]

I think that they were focusing on other branches.

BlackRock has recently invested in Riot Platforms Inc, Marathon Digital Holdings, Cipher Mining Inc and Terawulf Inc, which are 4 biggest mining companies.
If they are doing it, it means they know the industry is going to explode after next halving, which will coincide with a possible ETF approval.

I'm, not saying it's impossible for them to influence the price to get more bitcoin, but I feel like they have a lot to lose by "playing Musk" and saying they'd open ETF and then trying to dump everything to crash levered investors.

I feel like this recent dump was Bad news from China > Stocks sold off > Investors sold bitcoin to cover positions in stocks > Moved bitcoin below MA200 and caused a liquidation spike.

[tjtonmoy]

And why should we care? I am not selling my HODLings. So I have nothing to worry about. I don't follow influencers that will make me do something. 1 Bitcoin will always remain 1 Bitcoin. Only the value will fluctuate. In time, the price will be back to normal or even break all the past ATH. But the amount I hodl in my wallet will always stay the same.

Also, one's loss is another's gain. Those who are highly influenced by influencers and can't control their emotions will sell during this time. I can proudly say that I am not one of them. So I have nothing to fear. Instead, it will become a great opportunity for me. People will sell and I will buy at a low price. Your loss is my profit. If you are not strong enough to keep your emotions in check, you don't belong to the crypto world. I don't care about this.

[AnonBitCoiner]

And why should we care? I am not selling my HODLings. So I have nothing to worry about. I don't follow influencers that will make me do something. 1 Bitcoin will always remain 1 Bitcoin. Only the value will fluctuate. In time, the price will be back to normal or even break all the past ATH. But the amount I hodl in my wallet will always stay the same.

You are right but you should read the Blackrock and other big company wants Btc ETF approve. after successful approvals these big companies will manipulate the btc price and then probably btc will not rise in such style we seeing today. With News shared by OP,  Strong holder will not worry but weak hand will face more panics which is not good for crypto market. ETF and also some other organizations wants to control the btc price but i don't think they will succeed in their mission. They can just spread fears by selling news but if we hold strongly.

Also, one's loss is another's gain. Those who are highly influenced by influencers and can't control their emotions will sell during this time. I can proudly say that I am not one of them. So I have nothing to fear. Instead, it will become a great opportunity for me. People will sell and I will buy at a low price. Your loss is my profit. If you are not strong enough to keep your emotions in check, you don't belong to the crypto world. I don't care about this.

I learned lessons at the time when big whale like Elon musk and other others start manipulating crypto market that we have to follow these whales and buy when they buy and sell when they start selling. In current situation obviously big whale will start buying and this is opportunity for us too to buy and hold. when these whale pump btc price then we will not regret for not buying on time.

[Abiky]

There have been rumours in the market recently that black rock wants to accumulate more bitcoins, but at more reduced rates and for this they will make the market crash more. I don't know if this news is really true or if it is just a rumour.

This is one dark side of these giants that they will never play fair. They have enough money to influence the crypto market which is still at the very initial stage and move the market according to their wish.


https://www.binance.com/en/feed/post/1026075

I don't see any soild evidence supporting people's claims. It's all "buzz". I suspect big companies/banking institutions like BlackRock and JP Morgan are already doing this behind the scenes. They bash Bitcoin just to lower the price and buy lots of coins at a discount. When they're done, they will talk nicely about Bitcoin to "pump" market prices all the way to the moon. Sort of like how Elon Musk is doing right now with Bitcoin and Dogecoin. This is standard practice among the wealthy.

The ones who get "rekt" are none other than amateur crypto investors looking to make a quick buck. With many institutions joining the game, it should only be a matter of time before BTC reaches a new ATH. The question is: Are you buying the dip? Just my opinion

[fruktik]

There are many types of hype in crypto which is nothing new. But many are concerned about the kind of rumors that have surfaced against Black Rock, even though they have no basis. Black Rock have invested heavily in crypto and want to increase their investment in the future as well. However, in the case of such institutional investors, there is always an attempt to save their interests by influencing the market. If common investors are aware of this then they will not worry about their bitcoins. There are some investors who are worried if the price of Bitcoin falls by small amount, particularly those investors need to take a better Idea about Bitcoin.

These are all rumors and nothing more. You should not pay attention to every sneeze. I know one thing: this company in most cases achieves its goals. If she has investments in Bitcoin, then this fact should be taken seriously. It means that there is a desire to make money, to make a profit on the asset. Therefore, I recommend following all the news related to this conglomerate.
A little more and ETF contracts will be accepted, and this will only contribute to the price increase. It remains to wait quite a bit. We need to be patient until that date.

[Jet Cash]

I'd like to reduce the price of Bitcoin so that I can buy some more.

[retreat]

This is a negative impact of the entry of large companies into the Bitcoin market because their chances of being able to manipulate the market are far greater than that of individual investors. But even so, I think that if BlackRock wants to manipulate the crypto market, of course they have to spend a lot of capital and effort for this because the Bitcoin market is not small and it is quite difficult to manipulate this market, and there will definitely be a Bitcoin community ready to defend this market if they do that.

[Fiatless]

These are all rumors and nothing more. You should not pay attention to every sneeze. I know one thing: this company in most cases achieves its goals. If she has investments in Bitcoin, then this fact should be taken seriously. It means that there is a desire to make money, to make a profit on the asset. Therefore, I recommend following all the news related to this conglomerate.
A little more and ETF contracts will be accepted, and this will only contribute to the price increase. It remains to wait quite a bit. We need to be patient until that date.

If you follow the news that emanates from these firms you might be deceived. They will always give out information that will make them gain from the market. They will spread FUD to make you sell your coin and make the price drop. They will immediately repurchase the coin at a low price and keep it until the price goes up. For long-term holders, all this information shouldn't matter to them because their plan is not affected by rumors and news.

I'd like to reduce the price of Bitcoin so that I can buy some more.

If you are opportune to discover how to reduce the price please I will be glad learn  .

[Cryptmuster]

This is a negative impact of the entry of large companies into the Bitcoin market because their chances of being able to manipulate the market are far greater than that of individual investors. But even so, I think that if BlackRock wants to manipulate the crypto market, of course they have to spend a lot of capital and effort for this because the Bitcoin market is not small and it is quite difficult to manipulate this market, and there will definitely be a Bitcoin community ready to defend this market if they do that.

Why do they need it? They have enough investments to manage, they have enough money, so why would they try to manipulate the cryptocurrency market now if they can take the path of least resistance and achieve their goal in an easier way. Opposing something will always take a lot of strength and resources, it will be smarter to get around all these difficulties and achieve your goal in more reasonable ways, as they are trying to do now.

[josephsonand]

Rumors can spread like wildfire, especially in the crypto world. While giants have influence, the truth can be murkier. Staying cautious and informed is the name of the game.

[Tony116]

Twitter guys and so many members in this forum are always trying to find one reason or the other why BTC price dumped, isn't rising as fast as they want or is pumping, most times many of their reasons do not even make sense when you analyse it without sentiments and with facts. Blackrock isn't trying to dump the price of BTC, twitter guys make these kind of claims because they know this is the news that will bring traffic, there are too many speculators in the market, and they are all looking for grounds to base their next speculation on the price.

Even if Blackrock is doing this, i'll not complain, i will rather buy more coins for a cheaper price. Too many of the people who make noise on social media are not even buying BTC right now, they are the weak hands who start to buy only when the price starts to rise, they only buy when it is fomo time.

Prediction is also an indispensable part when it comes to investing, so it is normal that people are always looking for reasons and causes why bitcoin prices increase or decrease. But there are also many very reprehensible cases such as after finding out the cause of bitcoin's price drop, they do not buy and become afraid. Finding the cause helps us predict what will happen next and what we need to prepare for our investments. It's not completely useless, but don't let that make us more afraid and hesitant.

[Poker Player]

Why believing everything you see online? It is even on a chat on Binance.

The source is very weak, you are right. I wouldn't be surprised by such a move by BlackRock, but to believe it I would have to see some more solid evidence than that. People may find it hard to manipulate the market, but BlackRock is the largest asset management firm in the world. If Musk can move the price of Bitcoin with a tweet, they can move it with rumors or whatever.

Although to speculate, I would almost say that if they are spreading that rumor it is because they have already bought and want the price to go up.

[yhiaali3]

I would not be surprised if these rumors are true, because we live in an ocean full of whales where the struggle for survival is for the fittest. Whales seek to swallow everything. This is their nature. You can't blame them for thinking this way because these are for-profit companies that seek profit first and foremost.

On the other hand, these rumors may be misleading. Perhaps whoever launched these rumors is seeking to create hostility towards BlackRock, which seeks to enter the Bitcoin market as a major player. These rumors could harm the company and cause FUD in the market at the same time.

[Luzin]

Even if Blackrock is doing this, i'll not complain, i will rather buy more coins for a cheaper price. Too many of the people who make noise on social media are not even buying BTC right now, they are the weak hands who start to buy only when the price starts to rise, they only buy when it is fomo time.

If you know the fundamentals of Bitcoin that have been running since 2009 then you will know various kinds of bad and good news. From my experience knowing Bitcoin for 8 years, I have marked it as a recurring habit. There are moments where institutions, countries, big guys make bad news to make people panic and lose faith in Bitcoin. But from those few moments there are people who take advantage of that to make a profit and maybe that was also done by BlackRock. Because in the time lag, the price of Bitcoin can always reach its best price again. Maybe it is also the case at this time.

[Hanadawa]

~

I think anything related to Blackrock or a world-class company circulating on social media, if it's without an official announcement from them then 90% of it is just a rumour.
They have the power to bring the direction of discussion or issues. They have a lot of world media that they can use to spread facts or rumors about them. I've seen a lot of similar things with companies like Blackrock and Vanguard there are tons of issues and rumors about them that don't necessarily have valid supporting arguments.