So Ive been recruiting day traders and people who stay well informed in crypto (pm me if interested) to join our news app we are developing. One piece of discussion stood out, one of our banking guys says the big news going around their scene is that the investment funds are going to buy up a ton of bitcoin this week in order to prepare to manipulate the market when futures are allowed in december.

He went on to share that they are saying that its easy to create panic in the bitcoin market and cause huge drops by selling off just a few 10s of millions. This panic is extemely profitable when shorting 100s of millions. He also said Panic is much stronger than FOMO and causes a much bigger domino affect.

Im curious what you guys think of this. Let me know. Leta discuss.

@cryptoinformer