Big Barry Bitcoin on Nostr: This makes me bearish. It's such a dumb justification. Sure 1% doesn't sound like ...

This makes me bearish. It's such a dumb justification.

Sure 1% doesn't sound like much, but some people have a few million worth of assets, and some have a trillion in oil and other assets. These people are not going to put 1% of 1 trillion into Bitcoin.

So I guess we're stuck at 58k for a while longer then. 🙃