CZ vs SBF
what is the real story?
Do you remember Do Kwon?
Luna started buying bitcoin as a reserve asset with dollar reserves in March which pushed the market to new local highs.
IMO…It was a massive exit event for someone needing to sell their holdings.
“oh lets just use Luna reserves to bail us out before shit hits the fan sub 30k”
Now CZ vs SBF
The two largest exchanges are tweeting about dumping each others tokens and breaking their relationship. Will it happen? probably. Is there more going on behind the scenes? probably.
IMO this is engineered to create entry liquidity for big players.
Freak everyone out to sell
Big players use it to buy
Narratives are important…this will be interesting to see if we go above 25k within the next two weeks