Last decent analysis i saw, moved the spot from 100 to 240k before EOY
It makes sense it's down now, the whole market is being fucked, Hediges need money to cover for GME and AMC + all the other stocks they shorted, just look the pattern it had for the last 2 weeks, rising then ladder attack and dump / rip, specially the night around 3 AM... we know some people that usually crashes the market around that time no? :D
Good thing, they are losing big parts of their assets in this game, future crypto is going to be less institutionally owned
Less institutionally owned? You realize that from the last BTC dips, the biggest bitcoin whales got even more bitcoin, right? You really thing your average Joes are buying up bitcoin? Lol I'm happy to be realistic and take the opposite approach: Bitcoin stays low and alts rise. Bitcoin is fucking trash anyway, Chinese mines control too much of the hashrate and that's not something that can be shifted somewhere else quickly. Also Bitcoin has been crashing because Tether is being shorted along with your take on the hedges.
Whales are not institutions, i suggest you check the patterns in the last months, not just on the BTC, but in ALL the crypto space, from mains, to alt, to shitcoins, heavy algo trading, cross that with the SMI in / outs, and then overlay that to the main tickers involved with Shittadel & co
Last decent analysis i saw, moved the spot from 100 to 240k before EOY
It makes sense it's down now, the whole market is being fucked, Hediges need money to cover for GME and AMC + all the other stocks they shorted, just look the pattern it had for the last 2 weeks, rising then ladder attack and dump / rip, specially the night around 3 AM... we know some people that usually crashes the market around that time no? :D
Good thing, they are losing big parts of their assets in this game, future crypto is going to be less institutionally owned
Less institutionally owned? You realize that from the last BTC dips, the biggest bitcoin whales got even more bitcoin, right? You really thing your average Joes are buying up bitcoin? Lol I'm happy to be realistic and take the opposite approach: Bitcoin stays low and alts rise. Bitcoin is fucking trash anyway, Chinese mines control too much of the hashrate and that's not something that can be shifted somewhere else quickly. Also Bitcoin has been crashing because Tether is being shorted along with your take on the hedges.
Whales are not institutions, i suggest you check the patterns in the last months, not just on the BTC, but in ALL the crypto space, from mains, to alt, to shitcoins, heavy algo trading, cross that with the SMI in / outs, and then overlay that to the main tickers involved with Shittadel & co
How can you tell a whale wallet is not the wallet of an institution? Aren't they anonymous?