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1/ Thread - No retail interest. Bitcoin sucker’s rally?
I have noticed some people suggesting that this $BTC rally is fake because retail investors are not actively participating, and as a result it will crash and burn hard.
#Bitcoin
I have noticed some people suggesting that this $BTC rally is fake because retail investors are not actively participating, and as a result it will crash and burn hard.
#Bitcoin
2/ Here is a Google trends chart posted by @zerohedge. You can see clearly that even though the price is at the same level as it was during the beginning of the last frenzy, no one is searching about Bitcoin. 
3/ Using the @gdeltproject API you can see that cable news coverage (including @BloombergTV and @CNBC) is also much lower than it was during the peak of the last cycle.
4/ The @coinbase app in the App Store is currently #21 in the finance category, but not even in the top 200 overall apps. During the height of the last bull run, it was the #1 OVERALL app.
5/ While it is possible that the naysayers are right and this is just a sucker’s rally, I think we may actually be in the beginning stages of a new bull run.
6/ You have to realize that the masses are more or less controlled via the mainstream media. It is a tool for elites to leverage in order to get public support for what they want (wars, social causes, market rallies, legislations, candidates for president, etc).
7/ This is the same reason CNBC gets 95% of their Bitcoin calls wrong. It’s NOT because they are so out of tune with the market. They are nothing more than a mouthpiece for big players to get you to buy when they are selling and sell when they are buying.
8/ It is not an accident that during the frenzy in late 2017 the MSM spent so much time talking about Bitcoin. This was all coordinated to line up exactly with the launch of CBOE and CME futures knowing that they would use the derivative markets to drive the price way down.
9/ They took advantage of the public in order to unload their BTC that they had purchased for much lower. Think about how many people ended up buying near the top and lost a lot of money. I will tell you who DIDN’T lose any money… the folks on Wall Street, bankers, elites, etc.
10/ Once you are awake and you have learned how the game works, you can use it to your advantage. I suspect that we are in a markup phase which could last for quite a while, and the media/retail investors won’t be pulled in until the price is MUCH higher.
11/ And if I am wrong then all the better! It will be a good learning experience.
