Normally quarter/year end rebalancing equals a selloff in the last couple market days...
I wonder if the recent market dip will cause it to be a buy as portfolios work to get back to target allocations
Discussion
A bit off topic, but do you think OG hodlers selling has to do with a psychological “good price to take profit” about 100K ?
Definitely, I think we would have dropped to 50k if it wasn't for the treasury companies and ETFs ofsetting the 100k "profit takers". There was also a psychological level in the 120s because we hit an ath against gold
Ah so this occured at 100 and 120. Makes a lot of sense. I never thought of ath against gold.
I guess if they sell to have some cash for the next 4 years, now is the best time