JP Morgan Chase buying up BTC
After JP Morgan Chase’s CEO called Bitcoin a fraud, the company has been hard at work buying up Bitcoin on the dip. Big banks old tactic is to cause FUD, and to buy up on the downturn. Once again, this theory is proven to be true as investors who lack knowledge and are easily shaken, sold their coins to JP Morgan Chase.
Bitcoin investors, many of which have absolutely zero investing experience, must be on the look out for these market manipulative moves.