DiveInDefi
https://x.com/hodl15capital/status/1756493811428033006
According to this, largest holders are incrasing their bags, smaller selling.
This would align with my feeling that the volume is basically the etfs rn.
It makes sense, all smaller investors fomo‘ed the last year into the etf news.
Now they sell.
Wait till they are done selling and start realizing, that the institutions are actually buying into all of this.
Why are they buying?
Evergrande is dieing, China‘s markets are imploding, US hitting ATHs in debts, banks are dieing, we have crazy inflation world wide and meanwhileSPX hits new ATHs.
Guess what is the solution? Right. It is Bitcoin. It is finally time for BTC to start function as the asset it was designed for: a save asset that is immune to all the manipulation an printing that is going on everywhere.
Oh and btw: alts are still undervalued.
This would align with my feeling that the volume is basically the etfs rn.
It makes sense, all smaller investors fomo‘ed the last year into the etf news.
Now they sell.
Wait till they are done selling and start realizing, that the institutions are actually buying into all of this.
Why are they buying?
Evergrande is dieing, China‘s markets are imploding, US hitting ATHs in debts, banks are dieing, we have crazy inflation world wide and meanwhileSPX hits new ATHs.
Guess what is the solution? Right. It is Bitcoin. It is finally time for BTC to start function as the asset it was designed for: a save asset that is immune to all the manipulation an printing that is going on everywhere.
Oh and btw: alts are still undervalued.
DiveInDefi
BTC
Jup, here we go. Target hit. Now becomes the crucial part: We need to pump through here to invalidate a double top.