Replying to Avatar 🍊💊⚡️🌽

Not that I care about an ETF, as we plebs hold the real deal……..

None the less this will constrain supply and we know it………..

The bump in #Bitcoin price was likely just retail without any institutional money flowing in.

"This event revealed a couple of key insights: (1) the ETF is clearly not priced in, as evidenced by the market’s reaction to the false headline,” Sean Farrell, head of digital asset strategy at Fundstrat in a note seen by Bloomberg. "And (2) the amount of capital flow needed to significantly move bitcoin in this market is relatively low, as demonstrated by the sharp price movement on relatively muted volumes and inflows."

c9
nobody 2y ago

Completely right 🔥

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