Unveiled: Identifying the Crypto Crasher

Helping EVERYONE to make better crypto investment decisions.

👇 1) On Thursday, we published our weekly report, warning institutional clients that Bitcoin could drop -13% due to elevated China risks. A mere 18 hours after the publication of our report, Bitcoin crashed by -10%.

👇 2) Some tried to pin the crypto crash on a WSJ article released at 3:22am HK/SG time on Friday (or 3:22pm NY Time) that mentioned Elon Musk’s SpaceX might have sold $372m worth of Bitcoins.

👇 3) Others tried to blame the news that one of China’s property conglomerates filed for Chapter 15 bankruptcy in New York at 4:45 am HK/SG time (or 4:45 pm NY Time). But Chapter 15 is merely used to protect the US asset of the company from creditors, and Evergrande has been bankrupt for two years now.

👇 4) But Bitcoin, Ethereum and the crypto market started to crash at 5:40am HK/SG time (or 5:40pm NY time) – when most traders are not on their desks.