Replying to nobody

I’m aware of this and thank you but it only emphasizes the fact that I don’t think Blackrock et al are buying BTC in bulk as they push the market lower for longer to keep accumulating. Maybe but I seriously doubt it. Direct from miners makes sense but not in huge amounts. IMO.
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mark tyler 2y ago

You’re saying the current price seems to indicate we don’t have new massive buyers? Yeah I’d agree. But how could they push the price?

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nobody 2y ago

🎯 Large buys with less sellers & supply pushes price higher. Unless there are just way more sellers out there than buyers.

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mark tyler 2y ago

Whoever is selling. Thank you. Let’s put on all the selling pressure. DCA loves it.

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nobody 2y ago

Ironically I think it’s the exchanges like Binance selling huge.