Whales are now pulling off an Nvidia on this asset with the objective of deterring retail investors and individual day traders.
I posted it initially on the Bitcoin sub but the moderator removed it.
A new pattern has emerged since institutional investors increased their Bitcoin holdings: it rips/dips when markets are closed and trades sideways during market hours
byu/Cartier1847 inbtc
Posted by Cartier1847
2 Comments
BTC never closes and is traded 24/7. You might be talking about ETF’s that track bitcoin? If so, this sounds like a problem only for day traders and no one cares.
Why remove this?