@michaelvarde.eth
Speaking as someone who should’ve sold everything in January of last year, the idea of selling BTC now confuses me, when it’s about to tie for longest streak of red monthly closes since 2019.
A lot of people are talking about Bitcoin going lower but,
1) institutions are buying at theses levels, only retail is selling.
and
2) for BTC to fall much lower, and for an additional month, would be unprecedented in the history of the asset.
If you haven’t sold yet, I wouldn’t start selling now. History would suggest we come out of this in the next month or two.
hodl
https://beincrypto.com/bitcoin-on-chain-capitulation-bottom-signals/?utm_source=mandominutes.beehiiv.com&utm_medium=newsletter&utm_campaign=mando-minutes
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