Conspiracy theory about Bitcoin and the market

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Bitcoin is a major threat

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Let it be known that this has always been the case. Any alternative form of transaction/currency that is outside Government (and therefore Globalist) control and purview is an obvious threat to them.

As to whether the recent "crash" was intentionally engineered by the usual suspects is questionable and probably unverifiable. However, this does not detract from the truth that the global elite are enemies of Bitcoin unless it becomes subverted to serve their personal agendas.

bitcoin crashes at the end of every one of its bull markets then comes back 3 years later. Anyone who has been following bitcoin knew it was going to take off again in 2020/2021 and then crash soon after

Crypto has always followed the market. Unfortunately it has never decoupled itself from the stock market like many had wished.
I fear the real conspiracy is that it is a tool to program us into becoming comfortable with digital currency that is not tangible. Then MIC can more easily transition the subjects to digital coins of the country's currency. Then possibly to a single universal coin. Digital currencies will be the end of freedom of all types. For if you are in opposition, protest, etc any social issues pushed by the govt, media or you stand up for freedom of some issue (gun rights, Christian beliefs, etc) then you can be shutdown financially. Not to mention accounts can be seized or emptied. What about neg interest rates being easily removed from your accounts or it would make it so much easier to take a percentage of your 401k/savings/IRA, when the govt can no longer service it's debt.

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Bitcoin is a major threat to government currency management.

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The US govt created bitcoin.

Bitcoin adoption isn't nearly where it will be in the future. Until that time, it's going to be directly tied to the money of Wall Street Investors. The crash was big, but it never went to the bottom. The bottom this time was way more than Bitcoin was at just two years ago. This is the way it's going to be for awhile as more and more of it gets bought up by more and more people. Eventually there's going to be so much money tied up in cold storage bitcoin it's not going to be able to fluctuate nearly as bad. It's never going to be currency though.
The US Dollar is in it's last days as the global reserve currency. Didn't have to end this way but we allowed our politicians to print it endlessly and still are. Hyperinflation is going to hit us like a hurricane as we drown in dollars. Every dollar spent on Bitcoin today will be stored value even though bitcoin fluctuates wildly. There's nothing any government can do to end bitcoin. That's not a good or bad thing. It's simply how it is. And it's going to be the standard for a LOT of distributed applications on "the internet" going forward. The internet is going to no longer be controlled by anyone. Neither will things that are currently controlled by centralized companies like Google and Facebook and Twitter. These will just be things that the internet does across a distributed blockchain ecosystem. For good and for bad.

If the powers that be really wanted bitcoin to crater (price wise), they could do that pretty easily with the amount money those groups/people have. I don't think this recent crash had much, if anything to do with that. This recent crash was the result of a couple catalysts causing a full on liquidation of leveraged plays followed by a snowball effect of capitulation.

The reason debit/credit cards have mostly displaced checks/cash is they require less friction in the movement of money for both banks and consumers. Bitcoin/blockchain requires even less friction/trust.

Institutional money (i.e. J.P Morgan, BlackRock, Goldman Sachs) are now starting to adopt bitcoin because of this. The problem they have right now is supply. To reallocate even half a percent of the massive amounts of money these organizations manage would force huge price jumps to get the supply needed.

They are late to the game, they know it, and they don't play fair. I think they are going to slowly manipulate Bitcoins price lower and lower over the next year and accumulate as holders lose faith in BTC.

Once BTC is sufficiently captive to the big money, the institutions will let it pump and the jump from the old to the new will be complete without ever having let loose on the reigns of power.

Just my take as things stand now.

Bitcoin was sold as being a safe haven for the downfall of fiat. Seems to track it pretty closely.

The financial industry is making tons of money on Bitcoin trading. Why would they want this to stop?

Crypto is/was a fad financial market....it has zero substance!

Countries will create their own digital currencies, and there will be no need for others like bitcoin...

It was fun while it lasted, and I made a few bucks, it is over!