good post. People need to understand that nobody is going to leave millions in unattended positions sitting on the exchanges while going on vacation. Brokers will level their books, degens will close their longs or shorts and so on. It's no different to online poker tanking, online sales tanking etc etc.
Heard someone mention “well it’s summer now” and was reminded of the summer doldrums. Looking at the data and while some rather exciting early outliers rather muted, but how about looking as post halving years.
Thought this year could be similar to 2017, which we’re sort of diverged from but the summer data suggests we’re still tracking. It won’t repeat so don’t expect a dip a couple of weeks (80k?!? we can only hope) but then things start running into the end of August, 1.96X where started June, or $205k.
No leverage, no selling,just staying humble, stacking sats and enjoying some time with the family…….. #bitcoin
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