π₯ CRYPTO IS CRASHING BECAUSE OF AMC?! π₯ - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/coinmamba/status/1467066368449302531/photo/1
https://twitter.com/jhuntermav/status/1467015221491355651/photo/1
https://www.counterpunch.org/2021/12/02/wall-street-has-deployed-a-dirty-tricks-playbook-against-whistleblowers-for-decades-now-the-secrets-are-spilling-out/
This morning saw some very heavy liquidations in the crypto market, this was, effectively, hedgies pulling cash out of the crypto market to meet margin calls in the stock market!
hedgies cannot use bitcoin to meet margin calls as it does not class as a safe, liquid asset, typically only bonds, treasuries + cash class as this.
AMC and crypto typically move in opposite directions, with a slight delay, therefore it seems like AMC may just be about to run up. Hedgies are selling off crypto to meet margin calls, which they will likely fail, causing AMC to squeeze.
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