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Today marks my 684th day of posting updates. If you think I am a serious person, you can walk with me, and I hope the daily content can help you. The world is big, and I am small. Follow me so you don’t have trouble finding me.
Mentougou, Teda, and MicroStrategy are all starting to sell BTC! Many people are curious: why don’t institutions sell at 120k, but at the 60k level? ❗
There are two reasons behind this!
First, in a bear market 📉, institutions also lack funds, especially during this current bear market, which is just a cold winter in the crypto world, while the neighboring US stock market continues to hit new highs… Institutions will sell off BTC, giving the “little fake bull” in the bear market another blow. It was actually expected ❗️
As early as 2024, BTC mining companies began investing in the AI industry, with BTC miners entering AI, China and the US engaging in AI competition, water overflowing… AI is currently the biggest and most captivating narrative! But any such major narrative inevitably creates a bubble. Once the bubble forms, those chasing the high won’t retreat; instead, they will find new carriers to continue pushing prices higher… The 2008 subprime mortgage crisis happened this way ❗️ Everyone knows there’s a bubble, but no one pops it. Instead, they keep inflating it until it can’t land and must explode…
This is human nature: no one believes they are the last bagholder until the moment the market falls into their hands.
Second: The BTC narrative is in danger.
In recent years, the US has continuously confiscated BTC, making cryptocurrencies a joke, and decentralization even more of a joke! Since BTC can’t be truly decentralized and can be confiscated, then play with privacy coins!
Even Xiao Zhao has asserted: the next bull market will be in privacy! Basically, BTC has reached a “zeroing out” turning point again, especially when combined with the current tradable US stocks of BNB…
BTC has naturally become the sacrificial lamb!
But…
For 17 years, the “BTC zeroing out” theory has appeared countless times… In the end, it only pushes BTC to new highs. Anyone who sells BTC will regret it: why did I sell it!