Just a quick thought: I’ve always kept a close eye on institutional activity, since they have sizable positions and their moves are usually a useful guide.
I just saw this: “Metaplanet Q3 earnings report: Holds 44,000 BTC; full-year revenue forecast cut from about $102 million to about $41.4 million…”
Looks like some big players are trimming their positions, so I’ll be extra cautious.
$BTC What do you think?