Jesus. I need more bitcoin before blackrock buys it all. What are they waiting for? If they believe this then why aren’t they buying more?
Discussion
These institutions will try to shake people out of their positions to get bitcoin cheap. They prey on poor psychology and high time preference market participants. They use media to influence sentiment and position size to influence price movement.
Once Blackrock establishes their position, they won’t sell. Neither should you.
Word. You shouldn’t sell your stack to them at any point!