Sneeky institutional/hedgefund investors are most definitely buying on the dips from weak hands i.e. the average Joe who's been in the market for the past 2 years or so that thinks they need to be taking profits because bitcoin can't keep going up.
The smart money (who are a little late to the party) know for sure that trying to get cheap BTC from some sort of crash is looking less likely, so better to take an initial position and if a mini crash comes along to then buy up, but all they're getting at the moment is dips!
Well... the higher it goes the more likely it seems to me it could go down. Especially since the next phase of the market in the parabolic move is the much anticipated straight line up.
The day that the investing timeframe collapses to zero and it is like a big-bang for bitcoin because without time there is no x dimension to the price.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit