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So, I am sure BTC price will go up again very quickly, but the problem is to know "when?" will happen that, so, what was to "lower" threshold goal that this "elite" is trying to achieve.
It depends on each cycle. There is no singular goal of "we want the price at that level". They create the waves by stirring the waters and then they ride the waves like masters.
If you make an excel sheet and start with initial capital = 200k BTC and add just 10% to it in every cycle by those dumping due to a catastrophic rumor/news item etc (and you buying the dip), by the 17th cycle you have 1m BTC.
By cycle 42 you are at 10m BTC. It's "a long game" that takes months and years, but they are not impatient like the average joe. They are assured of their success because their plan is fail-proof and mathematically sound.