January 26th Crypto Crash! (Followed By Boom)

The CME futures are about to expire and that has brought on some speculation that the cyryptomarkets will go through yet another correction .

Why?
well a couple weeks back when the market was at its recent lows the CBOE expired on the very day. The theory is that there are a bunch of big whales in the crypto market and they are the very people that shorted Bitcoin because of their ability to manipulate the market.

What they would do is purchase a futures contract which they short and then dump all their bitcoin on that day, allowing the, to make money off the short and repurchase their position at a much lower price making them bigger whales.

This time however I believe the effect could be much greater. The CME is much bigger than the CBOE and this could cause the price of BTC to tank all the way down to 8k, this however will trigger stop-loss orders by many holder sending bitcoin to go even lower to possibly 6.5k. After this happens almost immediately the price of Bitcoin will then skyrocket. This will be due to supply and demand, when the "big whales" go to repurchase their position they will now have more money and have almost twice the purchasing power at such a low price. This will lead to a big problem for those trying to get back into BTC, there will not be enough for everyone causing the price to go to the moon, possibly 30k+.

Now the second half of this theory is a little far-fetched but it is defiantly possible. The first part however is very likely. I do believe BTC will crash tomorrow, possibly down to 8k.

Regardless remember to just HODL!!