BlackRock tells the market "long-term bullish on Bitcoin" while moving coins to the exchange. Classic move: talk bullish, wallet bearish. Of course, it could also be normal rebalancing for ETF subscriptions and redemptions, but choosing to do this at the moment when BTC breaks below $61,000 has a far greater emotional impact than actual selling pressure.


When the biggest institutional player starts moving bricks to the exchange, the last thing retail investors should do is think "this is a buying-the-dip opportunity."

#BTC下探60000美元关键关口
BTC-0.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
chichipipi
· 4h ago
2026 get rich and become wealthy 2026 achieve great success 2026 have all your wishes come true
View OriginalReply0
Furuixianghe
· 4h ago
2026 Great Prospects and Grand Success; May Good Fortune Be as Rich and Splendid as Brocade, With a Rabbit Bringing Wealth; Peace and Joy; May Everything Go Smoothly; May All Your Wishes Come True.
View OriginalReply0
  • Pinned