Bulls are in a frenzy to buy btc before it drops another 30%.
>>62364411Everyone expects it to drop another 30% which is exactly why it won't happen.
Good>>62364420Except they don't. That's why they're buying.
>>62364428No, retail baggies are waiting. Smart money are buying.
>>62364428Here. Check out the Money Flow index. The crows is waiting.
>>62364432>baggies are waiting to buyWhat? There's nothing bullish about the current state of the market. >spot ETF flows weak>interest rates remain high>inflation is stil fucked and won't ever get better >AI investments dominate for institutional money>labor market reports are good enough that the FED won't turn on the money printer>microstrategy sold and btc would only be $50k at the top without them>Blackrock launched a covered-call ETF which is inherently more attractive during a crab/bear market where investors can earn income and offset risk in exchange for missing out in gains when BTC pumpsThis last one should be a huge signal for you.
>>62364435This chart is just as useful
>>62364454>spot ETF flows>AI investments>microstrategy>BlackrockBoomer meme casino chips.>interest rates>inflation>labor market reportsBoomer's kool aid to justify their bets aka "investments".
