Any >150 IQ redpilled crypto analysts here?

[Anonymous No.17780589]

Care to explain why the fuck this all actually happened? I know it wasn't actually COVID-19 panic. It was obviously planned. Spoon-feed me the ugly blackpills.

[Anonymous No.17780615]

Here is the answer, unironically.

[Anonymous No.17780648]

>>17780615
Reminds me of xrp schizo. What happened to that guy!

[Anonymous No.17781316]

It is the panic. That's what panic is. Countries halting economy for months, what do you think happens. Supply chain, travel, everything is affected. Hollywood and sports get affected, the normies start taking it seriously. It's a feedback loop, a game of domino's. People in the market foresee it's gonna keep snow balling so everyone is shorting and trying to pass the hot potato so they can rebuy the bottom etc. Normie panic, and algorithm bots in negative feedback loops. Hospitals unable to treat everyone, boomers realizing they're the prime targets well guess what the boomers also hold 80% of the economy so of course they're pulling out all their investments too, it ripples to institutional money, and that ends up affecting gold and crypto too. It's not just zoomers trading crypto. Crypto being highly volatile, tradable 24 7, having no real purpose besides gambling ponzi, and no fed to pump it up, it became clear that the store of value meme was just that, a meme, in fact it was the opposite, it is the first asset class to be extremely liquidated in times of mass hysteria. You wanted institutional money in crypto, that's what it looks like. Of course it's also heavily manipulated and the panic was just an opportunity to get weak hands to sell. Halving is right around the corner. Now how do you apply rational analysis to try to predict irrational behavior? Well that's where a lot of us high iq INTJs here are fucked, because we can understand long term trends and fundamentals etc but we're too autistic and underestimate normie stupidity and alas normies are a big factor in market behavior and sentiment. Smart money needs dumb money. None of us could have predicted shit like gif related because it's just so retarded but on normie brains it is perfectly normal, they are cattle and savages. This is our blind spot. Now we must try to foresee, can normies grow even more retarded? Because that would be even more devastating.

[Anonymous No.17781364]

>>17780589
Wallah link will never be higher than 3 usd

[Anonymous No.17781730]

It's simple, whales sold millions of btc making little fish panic sell so they can buy back at lowest prices while blaming COVID19
Actual COVID19 panic would put btc below $50