ETF $IBTC REMOVED IN DTCC WEBSITE!! MANIPULATION COMING OUT?

[lombok]

JUST IN: The ticker for BlackRock's spot #Bitcoin    ETF, $IBTC, has just been removed from the DTCC website.



https://twitter.com/WhaleWire/status/1716837831413317965?t=EydGLZZcFp8A-mNL-rlweg&s=19

Another FUDs have started to emerge.

BTC's rise this time was full of drama and manipulation, first fake news ETF Blackrock then listing $iBTC on DTCC. Is this what whales do to manipulate BTC prices?

After the news (https://www.investing.com/news/cryptocurrency-news/blackrocks-spot-bitcoin-etf-now-listed-on-nasdaq-trade-clearing-firm--bloomberg-analyst-3206311) regarding $iBTC listing on DTCC BTC price was able to rise to the $35K range and penetrate MA200 which means switching to Bullish mode, will there be a fakeout and it will fall back into a bearish direction again?

My worry is that there will be many tricks like this that will continue to emerge and give rise to distrust.

*updated
After the DTCC website went down, I checked again, and it turned out that the iShares ETF Bitcoin (iBTC) Ticker had appeared again. Maybe there are some updates or changes that have occurred there. You can check it too on dtcc.com by yourself.

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[Orpichukwu]

The recent price pump has been linked to the ETF news right from the time that Cointelegraph announced their fake ETF approval news and the price of bitcoin spiked to the top, which was good news for some holders who were waiting for such a price pump and bad news for short-term traders.
 
If this is true, then there are no other explanations than that it's a means to manipulate price. With the positive everyone has in mind in regards to Bitcoin ETF, any positive news in respect to that will pump up price, but what I don't know is if the price will go back to normal as the ticker has been removed or not. But what's normal price anyway? We can just be expecting a stagnant price or a price correction, as the speed at which the price used to move up was shocking to almost all. Let's see what the market turns out to be in the coming days, but I don't think there will be much negative price decline.

[Aanuoluwatofunmi]

Every organizations and institutions are making drastic decisions towards the recent surge on bitcoin price despite it's now going bearish gradually from reaching about $35,000 and now we are having $34,100 what should be done is that if we are holding then we should make it tight and expect for any changes other than what we already have or to see more than what we already experienced in recent days.

[Faisal2202]

That's really manipulation but for whom, why they are doing it, and how this manipulation will help them? Will be of benefit to them? They don't like BTC they don't have investments in it (besides seized BTC). Well, the dtcc site is down, maybe it is overloaded by the traffic. Well, whatever the reason will be.

I think more surprises are on the way, let's see where it will take us. I read somewhere that, they might be adding other ETFs' tickers on the list haha, I mean, that's also a possibility but fingers are always crossed in crypto. At this moment, I hope I have some buddy from the SEC department. Haha.

[NeuroticFish]

JUST IN: The ticker for BlackRock's spot #Bitcoin    ETF, $IBTC, has just been removed from the DTCC website.

This explains why the pump seems to have been ended for now, but it doesn't explain why it's not dropping fast back to under 30k.
So it may be something more. I'd wait a little before drawing any conclusions. Clearly, the expectations seem to very high atm, so a short cool down is not that bad.

[KiaKia]

Hmm, as expected, if there is anything effective to use against the crypto market it's no other than this ETF approval, one minute looks like we are closer than we think and later it's all fake, I believe this will go on for some time until a ETF is finally approved, but before that happens expect a lot of manipulation..

Just keep finding your comfort zone in this space and avoid running after a green candle, there is a big chance that they plan to dump the market even more, but to be on safer side it's better to be prepared for any thing, either it's bullish or it's bearish, make sure you keep your buying strategy (DCA) going.

[Hamza2424]

Haha, Whatever the past few weeks' momentum shows the craze of ETF approval and mutuality of the Investors regarding its hype, and fake news making all the strong resistances turn apart and break through imagine the official approval news fillings that will be a massive hit so be a good Hodler to be a good investor.

The ticker is removed or not I really cant verity because as I'm trying to access the site it says it's server down, counting in the craze of ETF Sec can take any sort of action they can delay on the basis of some volatility, and etc their regular shit and they can even approve considering the impatience of the investors.

Whatever but before approval if any firm tries to fill up the bags and SEC detects it they can definitely gonna put pressure on selling their pre-fillings before the approval, Market sentiments are driving the market crazy, and if you're more interested in the speculation and fun with the mega pumps don miss out the WO.

+1WO Fans

[SamReomo]

Let's forget about the FUD and enjoy the current bullish pattern of the market my friend. I don't think that there will be another deeper fall back that may take Bitcoin's price to $28k levels because currently it is already above $33k and surely we will see another fud that will take the price higher and when the real ETF news comes in then things will change to very good levels. I'm quite sure that we'll see another price appreciation in upcoming days.

[avikz]

It's a big manipulation game ongoing with multiple high ticket people involved. The FUD is so organised that it was able to add a ticket in a stock exchange clearing website for public viewing. That's odd and concerning.

But I am sure that traders were able to scoop out some money from this FUD. We anyways can't control the whales and such organized manipulation game, rather we can simply ride with it to fill our pockets.

[lombok]

But what's normal price anyway? We can just be expecting a stagnant price or a price correction, as the speed at which the price used to move up was shocking to almost all. Let's see what the market turns out to be in the coming days, but I don't think there will be much negative price decline.

I think it's sideways and a little pump and dump then slowly goes down. Because of this situation, many traders and large investors are also confused about the current situation, a lot of news appears and then after a while it turns out that it is very different from reality, aka fake. The confidence that has been formed as a result of the good news that comes first makes some people complacent, because the price action is rising rapidly here and many BTC shorters are experiencing liquidation and large losses, making them also doubtful and afraid of losing more funds if they place a short position, so Therefore they choose to remain silent or take a long position. Then it was hit with the news that the good news was fake and manipulative so this created great confusion in the market, therefore the market still tends to be stable and has not shown a very fast price correction. They are still waiting for the whales to come out, I'm sure if the whales come out and lots of whales go short there will be panic selling and cause the market to crash more quickly. It seems like someone is still holding back or there are still plans to make a similar incident happen in the next few days. Be careful that FUD will come out suddenly, the Fear and Greed index also indicates that we are in a greed condition.

At this moment, I hope I have some buddy from the SEC department. Haha.

Insider huh? I think this will really help us to printing money overnight 🤣

This explains why the pump seems to have been ended for now, but it doesn't explain why it's not dropping fast back to under 30k.
So it may be something more. I'd wait a little before drawing any conclusions. Clearly, the expectations seem to very high atm, so a short cool down is not that bad.

Wait and see. A decision that is not hasty will produce good results. There are many reasons why prices don't fall quickly, I explain a little in my post here (top)

~snip~
Just keep finding your comfort zone in this space and avoid running after a green candle, there is a big chance that they plan to dump the market even more, but to be on safer side it's better to be prepared for any thing,

Correct. Follow the Trend!

[coolcoinz]

JUST IN: The ticker for BlackRock's spot #Bitcoin    ETF, $IBTC, has just been removed from the DTCC website.

This explains why the pump seems to have been ended for now, but it doesn't explain why it's not dropping fast back to under 30k.
So it may be something more. I'd wait a little before drawing any conclusions. Clearly, the expectations seem to very high atm, so a short cool down is not that bad.

They could be testing the ticker.
The fact they have it ready and waiting tells a lot about the state of this ETF.

I also don't believe all this money that came to Bitcoin in the last few weeks is from normal people. It's big companies and funds buying.
Your every day bitcoin trader doesn't have the money to do something like this. We're talking about thousands of bitcoin bought in just one day. When did you last see such volumes? They weren't this big when bitcoin was dropping from 25k to 25k.

[livingfree]

They have to slow it down because the pump could have been bigger if they don't do that. Are we going to see another intern that had made a mistake on this one?

Maybe no.

But if so, this really is manipulation that we're seeing and they know that they can do that on this time and people are just waiting for more basis for them to buy more Bitcoin.

I think that addition of ticker was already a sign of pre-approval and it's going to take lesser time than expected for it to get the actual approval that it needs.

[philipma1957]

There is a lot of money in federal bonds. They may be able to shift 500,000,000,000 into btc with ease.

We may go over 45k by dec 15th or so.

[pixie85]

I don't agree that it was manipulation.

We all see what we want to see.
They were testing the ticker, put it on the list, or they knew ETF is getting approved a month or two from now so they put the ticker on their site.

Everybody knows the ETF is not approved yet so there's no reason to go FOMO because of some ticker.
If you do that you're stupid.

It's expected to see some infrastructure being built to support the ETH prior to launch.

[target]

I don't agree that it was manipulation.

We all see what we want to see.
They were testing the ticker, put it on the list, or they knew ETF is getting approved a month or two from now so they put the ticker on their site.

Everybody knows the ETF is not approved yet so there's no reason to go FOMO because of some ticker.
If you do that you're stupid.

It's expected to see some infrastructure being built to support the ETH prior to launch.

They took it out because it wasn't official yet but everyone was already buying and making the price too high for them despite them betting the price to drop.

[carlfebz2]

It's a big manipulation game ongoing with multiple high ticket people involved. The FUD is so organised that it was able to add a ticket in a stock exchange clearing website for public viewing. That's odd and concerning.

But I am sure that traders were able to scoop out some money from this FUD. We anyways can't control the whales and such organized manipulation game, rather we can simply ride with it to fill our pockets.

Even how hard you would really be making yourself that in rage or really that going against manipulation but still there's nothing we can do because this is how these big SHITs do really play the game.
Now that they've touched up crypto space and since they do have that huge money then they could really do all the want and its not really that shocking that manipulation could really play out also into this market
and that possibility isnt really that small. They do have the finances, they do have the popularity and relevance towards this market on which means that every steps that they would be making will
really be giving out that kind that sure effect.

If these kind of manipulative acts would become obvious as the years passing by, then its not really that shocking that the community would really be losing its trust on the market, not on Bitcoin
but also into whatever news and sentiments that could come out. Community would really be that hesitant already on whatever news that comes out. Wayback on which external or economic
news and events cant really that make out such effect into the market but now we are really indeed seeing different thing on which this is something that should really be careful
on riding with those waves and this is something that would be more riskier.

[ajiz138]

Bitcoin has passed $35K but that was short lived and is now hovering around $34K - this of course still has to do with the ETF even though the Bitcoin Ticker on the DTCC website has recently been removed see the source on X.com and other discussion threads.

So far with the news still widespread there is still no reaction in the market the price still remains near $35K, will this be a manipulation from the whales to take profits for a moment then they are ready again below?
No one knows - I think the prediction that bitcoin will correct slightly again to the $30K price range might also be wrong.

[The Cryptovator]

I saw the news a few hours ago. To be honest, the situation has become conflicted. I was wondering why DTCC added ibtc if there were no clues about the BlackRock Bitcoin ETF. It does create a FOMO, and investors start accumulating; hence, we saw the pump. Adding it without confirmation and suddenly removing it seems unprofessional. If it were for the test or fake, then it was a bull trap by them. DTCC should encounter legal action due to the loss of huge funds. Because a lot of investors will suffer due to the list and its removal.

[DeathAngel]

Possibly just there was a call from the SEC to take it down as their application is still live & pending. I don’t think this is manipulation. Any way with fingers crossed the spot ETF for Blackrock is approved soon as I think it will do absolute wonders for the price & mainstream adoption.

[bhadz]

I also don't think that it was an actual manipulation, it's like the announcement isn't there yet but because it's been placed there already the market reacted. And because of how the market showed the FOMO, whoever is behind the taking down of it probably the SEC just want to let the people know to take it easy from there as they haven't announced anything yet. Anyway, there might be something to do with this[1] too. This was just released an hour ago but reading it, it doesn't say anything about Bitcoin ETF.

[1] SEC Charges BlackRock with Failing to Properly Disclose Investments by Publicly Traded Fund it Advised