The majority of the leverage in the market now is large shorts. We know this because price collapsed and the leverage didn’t. If we get a rally it could trigger the mother of all short squeezes. I’m talking $10k candles.

RIP

Imho

Big players, institutional players, new people, who ever ….. have had 13years long to buy BTC on the cheap, over the years when BTC have become relevanter it have had serious dips and opportunities enough to buy cheaper, just as one is presented right now.
People whom invested in this apex asset of value are more and more keeping there hands onto it and are less likely to sell on the cheap… I think we will not have extreme low prices, people just have to buy on smaller discounts.

I’d have to disagree with the above. I’m not seeing capitulation in the market right now at all. I’m seeing lower lows on low volume indicating that we are still awaiting that max pain moment. It seems unlikely that we will turn upwards without a massive volume spike corresponding with a ton of selling. I’ll feel better once that volume spike and drop are in the rear view and with a little luck it’ll happen without digging us too deep into the 30’s.

So rich fucks ruined the 2021 bitcoin rally perhaps.  See y'all in 2025 for the next run up ?  Hope you all learned and took some money out to go skiing in Italy or something xD.  But we all know why we are here.
https://www.youtube.com/watch?v=pAIvxOjS6Ag
edit: with love,