What's funny to me about this sell off is people are blaming Saylor. Bitcoin has been in a downtrend for 9 months on the higher time frames. Even breaking monthly structure in February. We've sold off 50%+ from ATH, all with Saylor BUYING not selling. Saylor selling sucks, but IMO likely could be the catalyst that creates the bottom similar to FTX imploding in 2022.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.