BitcoinShort
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ALL above 30k was "fake ETF" pump. A.k.a. "pumpvember" is over, expect lower prices and bearish priceaction.
About "sell to blackrock" argument. You are selling to "not so smart" money. I suppose blackrock and alike entities are shortselling, too, but it would drop prices immediately to near zero... or would be bought by somebody with bigger pocket. So they are not selling.... may be they don't really care if it is 37 or 25 or 15, why would they if the price will be 10, 20 or even 30 times more?!
DYOR and stay safe.
About "sell to blackrock" argument. You are selling to "not so smart" money. I suppose blackrock and alike entities are shortselling, too, but it would drop prices immediately to near zero... or would be bought by somebody with bigger pocket. So they are not selling.... may be they don't really care if it is 37 or 25 or 15, why would they if the price will be 10, 20 or even 30 times more?!
DYOR and stay safe.
Note
Also, consider this - from 24 october price was going without substantial pullbacks, i mean all above close of bar which jumped to 35.
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