Replying to Avatar LogicallyMinded

#Saylor calling #Bitcoin to 1 million without a bear market between now and then. That’s the kind of statement that makes me think that #BTC may consolidate at the current top while altcoins get a run.

Also, interesting how he’s doing the math that Bitcoin must pop because of the differential between the BTCs acquired by institutions/companies and the supply sold by miners.

Obviously, there are bigger sellers than just the miners or BTC would be much higher by now. Probably some OGs are taking profit but if Bitcoin ends up topping here, there will be a lot of suspicion that BlackRock and Strategy lends significant amount of BTCs to short sellers.

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LogicallyMinded 7mo ago

Here is Saylor’s statement I was referring to:

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