Replying to Avatar Shortfiat

GM Nostr

News that Gamestop is going to invest their $4.6bn cash pile into bitcoin is insanely bullish for Bitcoin, but the price has not moved at all.

This is just one of many bits of news that would have sent the price soaring in 2021.

Does anyone have any thoughts on why this might be the case?
Avatar
pietre 9mo ago

Bitcoin moves on macro liquidity and certainty. As long as we don't have any of those it doesn't matter what "announcements" we hear. The corn's not moving

Reply to this note

Please Login to reply.

Discussion

No replies yet.