What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?
Yes, we are facing some issues right now, since the whales aren't putting enough money in BTC, as firstly expected. I read some news right now stating that only 11$ million dollars were invested in Bitcoin through EFTs, against an expectation of 100$ million dollars. That is a much inferior volume which doesn't correspond what the market was waiting for. As consequence, we have a lot of negativity and pessimism from investors who also feel fearful about continue investing in BTC.
Those whales know about it, and that is probably their goal to cause this kind of FUD in the market, as they can crash Bitcoin's price to deeper levels this way, acquiring many more coins right after than they would at current rates. If you want to be manipulated by those whales, then go ahead and sell your 2 Bitcoins right now! They will thank you very much... However, if you are able to see ahead a little more than your current vision range can reach, I would say you to keep holding. Predictions are still good on medium term, as they say Bitcoin will hit 150,000$ by 2025.
