if you watch the biggest wallets, those over 1000 coins, who hold almost 50% of all BTC, you know how many they sold in the move from $500 to $300? guess?
28000 coins out of around 7 million. And I bet when the dust settles they will have even more coins than before this sell off.
so.... who do you think is running around like chicken little panic buying and panic selling? it is not the big boys.
big players are doing hold and / or accumulate, and have been for years now, that made my decision to get back into BTC.
Wait until ETF and halving occur, there will be less and less coins around to pump and dump.
I agree. Those with lots Bitcoins will for sure wait for halving before they will want to spend their Bitcoins on bigger scale. I don't think a year more or less matters much to them. I think onyl then wil be bigger movements of Bitcoins in the fatter wallets.
