Oddbean new post about login | logout GM ... so it really was Saylor, let's see if the ETFs and retail respond
They have to respond, don’t they? ETF’s at least need to catch up from the weekend. This is part of the Saylor hack. He can buy on weekends. Should see a “Wall Street bump” at open & then retail can dump I guess but 🤷🏻♂️
I wish I knew 😁. Your logic seems good though. Holders have been selling to ETFs for months so maybe they do more of that
So much “new money” here now. My conviction would scare most. But new money is here for the trade. 10% gains & they’re out. Also, BTC past corrections keep everyone honest & on their toes. Those corrections are built into the code FOR TRUE BITCOINERS. They force selling by weak hands.
I’d say holders have been selling on chain and buying etfs. Look at the drop in long term holders on chain the past 6 months.
interesting observation https://i.nostr.build/wqGx9Fjk2qTZVCoE.jpg
What was Saylor?
