Whales Bought 40,000 Bitcoin During The Dip This Week, HIVE Literally Skyrocketed And We're Not Yet Unshakable
The Bitcoin fear and greed index is currently at 47, out of 100 max level, and that indicates we're on "neutral territory". The whole crypto market has had a "crash" this week... Booo, that means somebody got fingered on leverage and whales bought cheap Bitcoin.
Yes, if you didn't know that already, although you probably read the title of this post before upvoting it full power, whales have bought 40,000 Bitcoin during this weeks dip. What were they thinking, right?
I mean we're supposed to enter a bear market right now, isn't that what some "professionals are claiming"? Well, screw them and their professional advice... I started unfollowing them in bulk lately...
Whales, which are to be labeled smart money in crypto, have accumulated more Bitcoin lately and there's a chance that they have caused the dip as well, JUST TO BUY MORE BITCOIN, thus the question right now is: are they expecting a bear market?
Nope, and if you've followed @toofasteddie posts lately on watching over the top 100 rich addresses holding Bitcoin, you would have come to the conclusion that these whales, entities holding more than 1000 BTC, have bought more than they have actually sold. Yes, they did sell some as well. How the hell would you drag the price down otherwise...
I don't know if you follow Plan B on twitter, I used to before he blocked me, but this man's famous model predicting Bitcoin's price is about to fail, because it was supposed, according to the model that BTC should reach over $90,000 by the end of this month, which was actually called Moonvember by the way...
I doubt BTC will almost double in price in four days, I also doubt we're entering any bear market any time soon, I doubt we will have any bear market similar to the previous two ones this decade, or ever, and I also doubt BTC has peaked that lame.
Nobody talks about HIVE though. Man, it's shameful how these crypto gurus are so quiet about it. It's like they don't even know about us... How the hell can you call yourself a crypto person if you're not aware about the only WEB 3.0 blockchain based social media platform. In what world do you live?
I tell you in what world these guys live, not all of them, but quite a few... They're living in a world where most of their info is semi digested and poured into their mouths by cointelegraph and other shitty crypto outlets, in a world where Bitcoin should follow their charts and patterns, which it has proved to refuse doing so lately and where cryptocurrency is nothing more than a speculative asset.
I believe that over 50% of the crypto peeps right now wouldn't give a fuck if crypto would simply vanish tomorrow. These guys just pretend to be "cryptonized" when actually just mere speculators. I use crypto on a daily basis, I see no better alternative system to the current governance and financial ones, other than crypto and I truly believe that if it will fail, we're literally fucked up.
Hillary's wake up call towards lawmakers in regulating crypto is a actually a desperate scream. They see what's brewing and they don't want that. Nobody can control a man who can print his own money and create his personal wealth based on unshakable core principles.
Enjoy your experience on Hive, use crypto, surround yourself with alike people and by all means disobey governments. If crypto won't make it, although I strongly believe it will, I don't know what else can become "that hedge" we desperately need.
Thanks for attention,
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