FreeYoda on Nostr: It is hard to comprehend what I see happening. You have the demand side, with #MSTR ...
It is hard to comprehend what I see happening.
You have the demand side, with #MSTR being 'just' one of them.
And on the other side supply.
MSTR is basically buying all mined #Bitcoin single-handedly 🤯
OTC is declining fast and last February 12th I saw a report stating ~150K #Bitcoin was available..
Exchanges holdings are declining also and these belong to their customers, they can't just sell them all, if much, if any ?
And finally the price action 😱
There must be a supply that I don't see/realize but how long can this last ?
It is hard not to get exited about this market and I really believe something has to break pretty soon....
You have the demand side, with #MSTR being 'just' one of them.
And on the other side supply.
MSTR is basically buying all mined #Bitcoin single-handedly 🤯
OTC is declining fast and last February 12th I saw a report stating ~150K #Bitcoin was available..
Exchanges holdings are declining also and these belong to their customers, they can't just sell them all, if much, if any ?
And finally the price action 😱
There must be a supply that I don't see/realize but how long can this last ?
It is hard not to get exited about this market and I really believe something has to break pretty soon....