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    Home»Technical analysis»BITCOIN AND CRYPTO RUG PULL, HERE IS THE REAL REASON WHY!
    Technical analysis

    BITCOIN AND CRYPTO RUG PULL, HERE IS THE REAL REASON WHY!

    By XanroxNo Comments
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    In the 1-hour time period, all altcoins and Bitcoin crashed on Friday afternoon/night! The real reason behind this crash is in this article. The vast majority of traders on the futures market got liquidated with a very low leverage of 2x or more.

    If you still believe in Democrats and their controlled opposition Republicans, this article may open your eyes. So what happened? You probably already know that the crypto market is completely controlled and manipulated by whales (banks and huge institutions). Not only the price but also the development. If you still believe that Bitcoin is here to bring freedom or that Bitcoin is developed by some geeks and that the banks have no control over Bitcoin, please wake up! It’s completely the opposite. Bitcoin is a bank’s biggest love, and if you love Bitcoin, you also love the Fed and their money printer and inflation.

    XRP -62%, DOGE -68%, LINK -63%, ADA -69%
    snapshot
    Alien in disguise Elon Musk and his favorite DOGE coin dropped by 68% and almost hit a new long-term low since 2022. We have never seen such a crash in the history of this coin, and what is the reason behind this rug pull? Why are all Doge investors and traders disappointed by the performance of this coin? After almost 5 years, the coin was trading today at 0.08 USDT, which is minus 90% from the all-time high peak in 2021! Currently, this coin is trading 75% below the all-time high peak! So what is happening, and why did Elon Musk fail in the eyes of his fans? Pretty much everyone who watched the live rug pull was in disbelief, because their portfolio and all their money were pretty much wiped out. Elon Musk and his reptilian friend Donald Trump are not here to save you, nor to help you. The reason behind this crash is simple—to take away your money while you are cheering at what they do. Twitter used to be a good platform, but after Elon Musk’s touch, it turned black, and X is not even a name; it’s a letter.

    What about ADA? Trump (Biden’s good friend, btw) a few months ago made a post on the scam social network TruthSocial (btw, they only took the Twitter source code and renamed it to TruthSocial; that’s why it’s the same) about strategic crypto reserves, including the ADA coin. This is supposed to be bullish, but ADA today just almost hit a new all-time low and wiped all gains made in 2022, 2023, 2024, and 2025. Almost every ADA investor is deeply unsatisfied with the performance of this coin.

    It’s so obvious that the banks started selling and crashed the whole crypto market, forcing all futures traders to quit their long positions. The crypto market is a bank’s paradise when it comes to making money; in other words, it’s a casino and pump and dump scheme. There is no secret that 99% of crypto investors are at a loss or have experienced a huge loss already. This crypto technology was brought to planet Earth by reptilians and mantoids, so if you think that some human invented this technology, you have been scammed. And this technology is not here to bring freedom, actually it’s the opposite. All transactions are monitored on the public blockchain. Every year you see more crypto restrictions; it basically turned into a total control money system, 100x worse than cash or fiat. And that’s not all; soon everyone will mine Bitcoin with their physical body instead of computers (see patent WO2020060606A1 – Cryptocurrency system using body activity data). Your mind connected to the hive AI network will not be the best experience on this isolated planet Earth from the rest of the galaxy. It’s good that we have democracy, and the most important thing about democracy is freedom of speech.

    Many, many coins went to ZERO (0.00 USDT) on the spot market, such as IOTX. That’s when there were absolutely no buyers (only sellers), and people that sold lost all their money. Please do not look at news or search for what happened to the crypto market. It’s more than obvious that the banks wanted to liquidate as many people as possible. And they will do it again and again in the future, so be prepared if you want to stay in this crypto casino game.

    Write a comment with your altcoin, hit the like button, and I will make an analysis for you in response.

    Oct 12
    Trade active

    I believe the TOP is in, and we will see 60k Bitcoin in 2026. The price is still very high, so it’s a good opportunity to sell. The recent crash spooked many, many crypto investors, and they will be selling their spot positions. Clearly futures traders already got liquidated on altcoins with leverage of 2 or more.

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