gek on Nostr: I find the relationship between the news/announcements and price action fascinating. ...
I find the relationship between the news/announcements and price action fascinating.
They say buy the rumor sell the news.
First of all, sell?!?! The only reason to sell Bitcoins is to buy hard goods and services, even better if no bridge to fiat is needed.
My point is, the world already loves Bitcoin more than we know. News of what has been decided will come out in due time. Some entities will announce once they are sure accumulation is indeed over. Other institutions will announce once they get close to their distribution target.
2023 should see a whole lot of announcements.
They say buy the rumor sell the news.
First of all, sell?!?! The only reason to sell Bitcoins is to buy hard goods and services, even better if no bridge to fiat is needed.
My point is, the world already loves Bitcoin more than we know. News of what has been decided will come out in due time. Some entities will announce once they are sure accumulation is indeed over. Other institutions will announce once they get close to their distribution target.
2023 should see a whole lot of announcements.