$BTC
In the current market situation with Bitcoin, a pessimistic mood continues to dominate; it is now like autumn locusts that can no longer jump for long. This surge from $74,000 to $97,000 was provoked by two giants - BlackRock and MicroStrategy.
BlackRock, as the largest asset management company in the world, draws the market's attention with every move; MicroStrategy, led by Michael Saylor, also holds an important position in the Bitcoin market. Their joint attempt to raise the price of Bitcoin actually conceals the intention to liquidate assets. Previously, due to the unfavorable market situation and a lack of sufficient buyers, their plan to sell was difficult to implement. In desperation, they decided to first raise the price, creating the illusion of a thriving market to attract investors and to successfully liquidate their assets. Once they complete the sale, Bitcoin will lose the support of these two giants, and the price will inevitably fall.
