Similar to last time, I don't think it goes to hell. If anything it's a bit of an overhang until after the weekend. What's important to note is once BTC goes into an exchange it's like a black box... Pablo might have already sold per the 4% drop that started about an hour after his TX hit the exchange. OR maybe he's still waiting... regardless, this doesn't cloud up the long-term macro view.
There is this thing in my mind that bothers me: How much is it rational just to conclude the bitcoin market movement based on just one case of 5k BTC transfer? as they are much bigger players does exist in the field and have greater effects. Also, if Crypto market is going to be manipulated by wealthy greedy people, then where is the hope for 5to9 average Joes?
Love it mate great work keep it up!
Does this mean the bitcoin plays safe for couple of days and then suddenly goes to moon like crazy or it falls down to the bottom hell?
Similar to last time, I don't think it goes to hell. If anything it's a bit of an overhang until after the weekend. What's important to note is once BTC goes into an exchange it's like a black box... Pablo might have already sold per the 4% drop that started about an hour after his TX hit the exchange. OR maybe he's still waiting... regardless, this doesn't cloud up the long-term macro view.
Thanks Ben,
There is this thing in my mind that bothers me: How much is it rational just to conclude the bitcoin market movement based on just one case of 5k BTC transfer? as they are much bigger players does exist in the field and have greater effects. Also, if Crypto market is going to be manipulated by wealthy greedy people, then where is the hope for 5to9 average Joes?
It’s not rational. It’s data. We learn the habits of wallets. It’s not just this than that.
As far as hope, have you met Jarvis AI? Www.jarvis-labs.XYZ ?