Replying to Avatar Shortfiat

GM Nostr

News that Gamestop is going to invest their $4.6bn cash pile into bitcoin is insanely bullish for Bitcoin, but the price has not moved at all.

This is just one of many bits of news that would have sent the price soaring in 2021.

Does anyone have any thoughts on why this might be the case?
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wave.space 🇪🇺 9mo ago 💬 1

Macro doubts overshadow these news for now, but when liquidity comes in, it will go up naturally. Everyone should take BTC off exchanges to speed this up too

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teemupleb 9mo ago

Yes, and early 2021 was peak of quantitative easing.

Now tradfi suit liquidity is just waiting what Trump will do.