
Enter Merlijn The Trader, a man with a penchant for chart-reading and a flair for the dramatic. According to this self-proclaimed maestro, Bitcoin’s recent antics are following a script written by institutional titans with a penchant for theatrics. The “MarketMaker Buy Model” is, apparently, a masterclass in market manipulation-though we’re not sure if that’s a compliment or a warning. The chart, which resembles a particularly cryptic opera, suggests that Bitcoin is about to transition from a passive observer to the star of the show. Or, as the analyst puts it, “the end of accumulation is the beginning of the real fun.”