Disagree on this one. I think it would at the very least be a spark on a bunch of dry wood on these thoughts below:
1. grayscale's buying pressure was less than this in 2020 and it pushed things up quickly
2. BTC also tends to get reflexive, particularly when illiquid. This would cascade a string of short liquidiations which then draws attention and hype.
3. TSLA and MSTR both pushed price and didn't buy anywhere near this amount
cubans
npub17n…p4u85
2023-10-14 02:31:56
in reply to nevent1q…6vju
Author Public Key
npub17nvfw7g53nxjghyd2zg552z06cke0jc0k69hj7ns7f9pw26j9kusap4u85Published at
2023-10-14 02:31:56Event JSON
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