I have a gut feeling this is going to stay low until 6th of July. Then the SEC approves the Grayscale ETF. Institutional investors will buy in at a discount and everything goes up like a rocket...
Imo it’s more bigger players who are selling instead of the avg joe’s
If I see friends etc they are all HODLing and more like whatever instead of selling Even buying some spare cash into this DIP
Also this kind of drops isn’t coming from a few 100 000’s of avg joe’s selling at the same time on the same date…..
Some peoples will stacking more coins as they had… maybe some will lose some But I think some have great strategic moves and will come out fine with what they do, for us little peeps it’s just one of those moments we have to sit out….
One thing is for sure… avg joe’s are creating BTC maxi’s and No-coiners…. Probably nothing inbetween
* death_wish crosses his fingers and prays to Divine Bitcoin that the 200 WMA line has the most solid wall of bid support in the history of all markets.
Dear newbies: This is what margin does to you.
Hope for you and every HODLer price goes in favor for them