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Bitcoin Drops $73K
You Need to Know:
1. Blackrock ETF dumps assets
Yesterday, Blackrock bought up Bitcoin as it rose from $64K to $82K
. This time Blackrock is selling, since May 8th.
2. Harvard sells Bitcoin.
Previously, Harvard owned over $200 million worth of Bitcoin via IBIT.
Now, almost half has been sold.
This is important, very important.
Not because of the value ($100 million is considered small for Bitcoin).
But because of the seller. Harvard.
Harvard is the campus where the world's ruling elite gather.
This is an elite club.
They stay connected after graduation.
They communicate, share info, opportunities, connections.
Premium information spreads very quickly, much faster than retail can.
Note:
Average buy at $110,000
Average sell at $80,000
Loss: 28%
They cut losses due to info A1 or because of paper hand? nobody knows.
3. Michael Saylor 'MAY' sell $BTC by the end of 2026.
For what? Pay dividends.
Sell a lot? no clear figures. Apparently, a little.
CONCLUSION:
Is this the end for Bitcoin? Of course not.
#WinGoldBarsWithGrowthPoints
#USLaunchesNewStrikesOnIranOilRebounds