The "wall of money" mentioned in Saylor's bitcoin conference is coming. On chain data shows half a billion dollars US in BTC bought from COINBASE alone in a 12 hour period after the seminal virtual conference.
Although the price of bitcoin and ether are in somewhat of a sideways pattern as I write this, we have seen that moves this big tend to frontrun movements in the market. Institutional buyers are much better at buying large quantities of bitcoin without moving the price, which would be bad for the buyer. It's the goofy retail buyers coming in after the institutions that will pump everything.
BTC is also in the middle of a predictable pullback, so we may have extra sell pressure coming from China that Western investors are eating up. As we stated before, that will probably help to soften the blow from any CNY dump while helping to maintain alt season.
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YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Always remember:
Burgerswap Bridge will steal your crypto
Deus.Finance is led by a psychotic wannabe despot
AllianceBlock is a shit project
All algorithmic stablecoins (Basis Cash, Mithril, Empty Set Dollar) are a SCAM
Don’t get your bitcoin from PayPal
Trade on BSC, not Ethereum
Ivan on Tech, Elliotrades and Bitboy are complete liars, and
If you are always losing money trading crypto, read here.
Gems I'm investing in:
NFTs - Doki Doki
Trading - Unimex
Finance - Soar
