@docXBT Btc owners tend to hodl. The Inelasticity of btc makes it easier to pump then dump because of that usually.. Unless those holders are forced to sell then we get that double edge sword but buyers are still chilling not selling. Etf sellers obviously can push price down faster
@Scott100333@de7erv@TheFlowHorse So institution are now buying at 90k and didn't buy at 20s?? I mean cmon man lol. Anyone buying at the highs is playing a momentum play
@Scott100333@de7erv@TheFlowHorse My point I'm saying is noone is coming back to crypto like they did in 2021 unless they are flushed with cash to gamble on..... It's been rotation plays all year....Noone got cash to gamble. If btc tops here outflows will start huge lower I'd assume and that's a double edge sword
@Scott100333@de7erv@TheFlowHorse Not calling actual top. But def think we are close to a top then beginning of a run....
The dif is everyone and legit everyone got into crypto 2021 and got burned bad.. Yes memes and stuff will do well because those are cheap. But we need money printer for full blown bull run.
@de7erv@TheFlowHorse Go away from Twitter for few days come back to me and tell me who's talking about what... The few stuff that mooned like pnut, doge and stuff like that... Other then that nothing really. Noone is getting rich besides very few you see on CT. (Which even that is questionable)
@TheFlowHorse It won't go higher... There will be no further retail participants for higher... You all are buying the top imo thinking previous signs that said we are going higher is the same as before.... Don't mid curve it this time.. This year has all been about rotation. Still is
@TheFlowHorse Been seeing this theory of "higher probably" alot.
People don't have money like they did back then. No free checks flying into their bank accounts. People are suffering with money. When people are selling now that actually means they won't even buy when it gets higher..