If you think to sell your Bitcoin, think again. According to Glassnode, the whole ''bear market is coming'' was nothing else than a clever ruse aiming to make the weak hands to sell their bitcoins, and they were some, as Paypal has a field day selling a lot of Bitcoins at loss (at users loss, not Paypal, they got plenty of fees for it). The number of the wallet addresses holding more than 1000 BTC went up to a surprising 2140, as Bitcoin got dumped from 42k to 30k (200 more wallets just in the last 2 weeks). Meanwhile, in the real worlds, 50% more financial advisors invested in crypto, with almost 10% of portfolios being exposed to cryptocurrency. 15% more want to do it in 2021. And overall, 81% showed interest asking about crypto (Survey made on 1000 US based financial advisors). Just to prove my point, more than 10k call options were sold for BTC prices of 52k, 64k and 72k.
If you think to sell your Bitcoin, think again. According to Glassnode, the whole ''bear market is coming'' was nothing else than a clever ruse aiming to make the weak hands to sell their bitcoins, and they were some, as Paypal has a field day selling a lot of Bitcoins at loss (at users loss, not Paypal, they got plenty of fees for it). The number of the wallet addresses holding more than 1000 BTC went up to a surprising 2140, as Bitcoin got dumped from 42k to 30k (200 more wallets just in the last 2 weeks). Meanwhile, in the real worlds, 50% more financial advisors invested in crypto, with almost 10% of portfolios being exposed to cryptocurrency. 15% more want to do it in 2021. And overall, 81% showed interest asking about crypto (Survey made on 1000 US based financial advisors). Just to prove my point, more than 10k call options were sold for BTC prices of 52k, 64k and 72k.