Bitcoin’s price movement ‘looks very manufactured’ — Samson Mow

Discussion in 'Crypto Assets' started by Frederick Foresight, Feb 19, 2025 at 9:02 AM.

  1. https://cointelegraph.com/news/bitcoin-price-movement-looks-very-manufactured-samson-mow

    “It seems like it’s some sort of price suppression,” Mow said during a panel discussion at Consensus Hong Kong.

    Bitcoin’s price action is raising concerns of possible market manipulation as the cryptocurrency continues trading in a tight range despite billions of dollars in institutional inflows.

    Bitcoin

    BTC
    $96,328
    has been range-bound for over two months, trading between the $92,400 support and $106,500 resistance since Dec. 18, 2024, Cointelegraph Markets Pro data shows.


    [​IMG]

    Bitcoin managed to briefly escape this range after US President Donald Trump’s inauguration on Jan. 20, when it briefly rose to the $109,000 all-time high before dropping back into its previous range.

    Bitcoin’s range-bound price action may be manufactured based on the trajectory of the past months, according to Samson Mow, CEO of Jan3 and founder of Pixelmatic.

    “It seems like it’s some sort of price suppression,” said Mow during a panel discussion at Consensus Hong Kong 2025, adding:

    “The very tight range in which you’re trading just doesn’t look natural at all,” Mow added.

    Despite Bitcoin’s temporary lack of upside, industry watchers remain optimistic about Bitcoin’s trajectory for 2025, with price predictions ranging from ranging from $160,000 to above $180,000.

    Bitcoin stagnates despite ETF inflows and institutional buying
    The US spot Bitcoin exchange-traded funds (ETFs) and companies like Michael Saylor’s Strategy are transparently buying a “multiple of the Bitcoin mined every day,” Mow said.

    “If Bitcoin’s price isn’t moving despite institutions and retail buyers accumulating BTC, then someone must be selling,” Mow explained.

    Despite Bitcoin’s temporary lack of upside, industry watchers remain optimistic about Bitcoin’s trajectory for 2025, with price predictions ranging from ranging from $160,000 to above $180,000.

    Bitcoin stagnates despite ETF inflows and institutional buying
    The US spot Bitcoin exchange-traded funds (ETFs) and companies like Michael Saylor’s Strategy are transparently buying a “multiple of the Bitcoin mined every day,” Mow said.

    “If Bitcoin’s price isn’t moving despite institutions and retail buyers accumulating BTC, then someone must be selling,” Mow explained.
     
  2. So my question is, Could all this "price manipulation and suppression" in the face of ETF inflows and institutional buying just be the product of the pumping BTC whales taking the opportunity to do some serious dumping while preaching HODL to the unwashed?
     
    Snuskpelle likes this.
  3. Pekelo

    Pekelo

    1. Samson Mow must be not a real name.

    2. Interestingly enough the market itself has been in a fairly narrow range of 5800-6130 since the election. Coincidence?

    Conclusion:

    Samson Mow knows shit. One could argue it is just consolidation before further upmove...
     
    HawaiianIceberg likes this.
  4. mute9003

    mute9003

    its pretty obvious price supression. everyone acts like these kinds of things are impossible lol
    it happened last time and happening now on all the cryptos.
    how else can institutions get better price.
    they have to drive it down as much as they can before they drive it up.
     
    semperfrosty likes this.
  5. mute9003

    mute9003

    the hodl is what prevents them from buying.
    if the wsbdegens are hodling the institutions cant buy. so they have to create slow decline where it looks like it will slowly keep going down forever
    and have the hodlers slowly sell off their positions.

    again if everyone is hodling the whales cant buy anything
     
    VicBee likes this.
  6. So all the evangelists that have been holding seminars ands conferences telling people to buy, buy, buy, and who hold a buttload of btc themselves, are now selling in order to buy more?

    [​IMG]
     
  7. Pekelo

    Pekelo

    It is pretty obvious price support. Just the same way you have no evidence, I could claim that somebody or something supports the price and doesn't let it fall.

    But the evidence shows it moves with the market, has been for years now.
     
  8. Bitcoin bulls say it’s price suppression

    Bitcoin bear say it’s price support

    maybe it’s just a free market?
     
    semperfrosty, johnarb and Cam12 like this.
  9. VicBee

    VicBee

    :) that was funny.
     
  10. Crypto boys would say that is accumulation from weak hands preparing for the next run. To the moon baby!

    Common sense would say that after the strong campaign that libertarians presidents are pulling off to show that cryptos are scams, it might be a distribution to hit everyone with the final blow.

    Pick your side.