Yesterday saw one of the highest single-day profit-taking events in #Bitcoin history, with over $10.5 billion realized. Despite this, incoming demand absorbed it entirely.
Weak hands are exiting while strong hands continue to accumulate. Extremely bullish signal. 
Uau
Dudes be like #laserraytill100k and then sell their Bitcoin at 99.3k to BlackRock.
NGMI.
Send it over the weekend and let Wall Street have to catch up come Monday.
Besides the fact that everyone wants to see #Bitcoin blasting through100k, it seems plausible that some are selling before reaching that mark. Many people believe they’re smarter by taking some profits before others.
Combined with the little PA yesterday (due to absorption), I start thinking of a way heavier reaction to the upside once reaching the 100k:
- Many profits have been taken before
- High demand
- Less liquidity on exchanges
- Probability of seeing way more big players soon
Patience is key.
Who has 100k bitcoin to sell?
It’s all the “smart” fuckers that think they should set their sell a hair under 100k because the “dumb” traders are all going to try and sell at 100k even and get burnt… 🤣🤣🤣 #fookineejits
I’m with you Carl, when the tail have finished being “smarter” than MSTR and Blackrock, the fiat bullishness indicator is going to go north very quickly
NGMI
nostr:note10gd0hrj963w5wur2n7z6tjk22y55g4f6sgcc7v74zn2xjhge9hcsxykxm2
Gm
More sats accumulated just below 100K
