The Bitcoin ETF has been one of the biggest headlines for BTC in 2018. All the pundits discussing when it will happen. Oddly enough on a day there was to be a decision on one of the ETF’s there seemed to be clear manipulation of bitcoin. Seconds after BitMEX shut down for maintenance there was a massive buy of BTC around 6400. With BitMEX shut down there was not way to counter the buying. BitMEX is the primary vehicle to short BTC. Once maintenance was completed, all the shorts were liquidated around 6900. Regardless of their stops. Nice 500 point gain in a very short period of time… and all manipulated,
This clear manipulation of BTC is the clear reason there will not be an ETF approved in the US for some time.