The Game Has Changed

Institutions have created new rules

Gm friends, and welcome back to another edition of Syko Therapy!

Over the last few weeks/months we have been hammering out our overall thesis, and to this point, things are playing out very nicely. Bitcoin gained momentum off the bottom and peaked at $78,000 last week, giving the bears some cause for concern about their thesis here. It’s a good start and I am happy with the way things are playing out.

Although I think the macro bottom is in, I do not believe we are going to push back to ATH’s in a straight line. We had a slightly bearish weekly close and some lower levels could be targeted this week to clean up some liquidity, but at this stage, I think the drops will be minimal. The game has changed and as always, the majority of the players will be slow to learn the rules.

Over the last few months from the start of this year, Institutions have slowly but surely been reshaping the Crypto market, misleading investors whilst restructuring how the next phase is going to play out, and ensuring that as many of us as possible miss out on it.

Today I’m going to dive into detail about how they’re doing this and how its creating the largest market move we have ever seen, whilst the majority are looking the wrong way.

Lets get into it!

The Great Shakeout

Over the last 6 months It is my view that institutions have embarked on the greatest Bitcoin shakeout that we will ever witness. Since the beginning of the year over 100,000 Bitcoin has been added by businesses/governments(this number is higher now this was Q1 data), whilst retail have sold over 62,000. This is not a coincidence. This is the changing of the guard.

Institutions have fully arrived within the Crypto space, and they are not here to take part, they are here to take over. And taking over they are. They do not want to be involved as passive investors in this space, they want to control it as much as they can, and they definitely do not want to make us rich. So what do they do?

They embark on a large scale shakeout process to scare as many of us out of our bags as possible whilst they back up the truck. In the last century, there has not been another opportunity for Institutions like this. They can make liquid 300% - 400% gains on Bitcoin in the space of the year… that is unheard.