/biz/ - Business & Finance

>>55202789
>what happened in 2019? why did Bitcoin allow LINK to breakout to almost $5?
Bitcoin was working overtime to keep Link under $4 back then, pic related.
Link finally broke out and was a hair away from $5, and then covid dropped just in the nick of time.

>>this statement is unfounded until you establish this being unique to LINK only
Here's a little lesson in basic logic for you: even if you found evidence of Bitcoin instadumping on all news for all other alts, it would not change the fact that Bitcoin instadumps on all Link news.

>>50191254
>>suppress it on that particular price level, but not on the next one!
This shit happened at a lot of levels lol

Bitcoin kept Link under $4 for months in early 2020

>>30056734
every time

>>30057537
>when it was bouncing off 4$ last spring/summer was there BTC dumps then?
Yes.
See pic.

Literally every single time Link broke $4, they dumped BTC.
This went on for many weeks.

>>29652510
>Almost never happens.
lmao you dumbass, see pic.
ALL of these instances show BTC going sideways at random levels, and then dumping as soon as Link breaches $4.

Not to mention most of the charts posted itt showing the same thing, like >>29643712 >>29643801 >>29644337 >>29644466 >>29644688

>>29453326
Well then you explain why Bitcoin took a big fat dump EVERY SINGLE TIME Chainlink broke above $4 back in May 2020.
This went on for weeks.

>>28508723
Who knows.

Back in May 2020, Bitcoin would dump every single time Link went over $4.

>>28497917
>>28497977
>n-nobody keeps dumping BTC to suppress Link!

>>28399442
No clue.
It was a lot worse back in May; literally every time Link broke above $4, BTC almost immediately took a big fat dump.

>>28295627
This.

Or back around May 2020, when Bitcoin would dump EVERY SINGLE TIME Link went over $4.
For weeks on end.

>>26106825
Nope

>>26021199
cope

For many weeks on end, BTC dumped every single time Link went over $4.

>>25966177
>The 4 dollar stablecoin saga was kino.

Sooooooooo much suppression at that level, unbelievable.

>>25495651
Wrong, Bitcoin follows Chainlink.

>>21216361
Buddy, Link's price has been CONSTANTLY suppressed for a very long time.

Major announcement? Dump BTC
Link reaching key price level? Dump BTC
Link reaching ATH? Dump BTC.

Pic related.
Throughout May, BTC dumped every single time Link was about to breach $4.

>>20077777
Checked.
This is from May, every single time Link crossed 4USD throughout that month they dumped BTC to get Link back under.

>>20077794
>I think the next time it might not work.
The more people are aware of this tactic, the less effective it becomes.
It's possible that they overdid it today, they're being extremely obvious.

>>19905939
>happens every fucking time
>"this has nothing to do with Chainlink"

>>19903217
>There is no cause retard
This happens way too frequently and punctually not to have cause.

>>19490746
I admire your self-awareness.

>>19476061
I'm your huckleberry.

>>19411234
Because 'it' happened again.