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The Crypto Trader's Mindset | 1000x
On The Margin
Who Are the Natural Sellers of Bitcoin?
People were coping on the highs when Bitcoin was trading 69k and things were getting more bullish. Bullish went from a macro perspective but now you have the opposite situation. Who's it who's a seller right who is selling 18k BTC? That that want that wants to get out of their position Forget what forget what they're new. The marginal seller in my perspective right now are the people that bought lower and are just looking to trade or It's shorts, right? Because the people that Lost faith in crypto or the people that wanted to raise cash or the peoplethat panicked out because FTX got there.
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