Ain’t no way - I’ve never seen price action this out of pocket. Literal giga-bullish news all week, and we’re out here nuking. #Bitcoin really just does whatever it wants.
Discussion
"The Hodl Song" applies here. https://peakd.com/crypto/@crrdlx/the-hodl-song
I was just thinking the same, the sell pressure at this level is insane
BTC just doesn't give a shit
people selling either:
- need dollars right now
- think the price will be lower in the future than it is now
I cannot understand the second one. how could the price be lower in the future if institutions and nations are beginning to pile in?
I think the news consolidated late on Friday so we will see the true reaction on Monday morning...
As usual It humbles and teaches patience.