Who are the sellers? We keep reading about all these new investments & buyers (BitBonds, Corp investing, local govts, etc), but we've hovered around $100k for 6 months now. So, who is selling? My thinking is that it's the long-time individual holders. They see the price stabilizing and are finally deciding to cash out. If that's true, once that crowd thins out there won't be many sellers. Hold on!
Who are the sellers? We keep reading about all these new investments & buyers (BitBonds, Corp investing, local govts, etc), but we've hovered around $100k for 6 months now. So, who is selling? My thinking is that it's the long-time individual holders. They see the price stabilizing and are finally deciding to cash out. If that's true, once that crowd thins out there won't be many sellers. Hold on!
So insightful, Professional and incredible presentations as Usual.
About this Bitcoin: https://kingcambo812.substack.com/p/beavis-butthead-and-bitcoin-a-gonzo