Overly complex explanation for simple distribution phase in Bitcoin by several large players, notably by German government which sold 50K BTC in several days, when standard mining supply is less than 1K. In addition, US gov wants to sell 250k BTC, MTGox - 100K. Current cycle is based on ETF demand which bought 275K. Technically, current supply proposed for sale is large enough for ETF being unable to consume that all however only Germans truly selling hence market is not collapsing
QT is acting as massive rust in the global economy. Data is massaged before released… FED keeps QT until cracks appear and will only drop rates once things break - not the other way around.
Naaaaaaaaaaaah it is not the dip. Dang pumped from 15k to 74k and it was happend in a very short of time peroid. For MM it would be make no sense to pump trillion usd worth of bitcoin to 100k, it is better to drop the price and buy lower and resell it again in higher prices
Well explained point on bitcoin price, from what i can see on it's chart -the price would only be moving to the buy side if it can close above 64k on the daily timeframe -if this doesn't happen then i would remain on the bearish side as there is no clear buy sign an a chance for price to trade below 50k still exist Bull markets are born on pessimism, grow on skepticism, mature on optimism and die of euphoria.
@@affanasif.x I have been long since December 2023 I’m waiting for the October 2025 top to pull profits. This works best for tax reasons in Australia aswell
I will long only at 60k+ OR somewhere at 50-52k... the zones between these two are scary AF to play long games, fast scalping is better and safest option. Press F to pay respects to all dudes who is going to lose money by longing at 55-57k...
I can understand a lot of people take profits at a certain moment. Buffet said if you made ...x then take it and don t wait for it to drop. As I remember well .. I m glad I toke profit in crypto when it was overbought at 70k. Just be happy with some gains and take profit now and then in my opinion