A friend just asked me: “A certain whale closed a $110 million BTC long position, taking a $3.26 million loss, and switched to opening long positions in U.S. stocks”—is that bullish or bearish?
My take: It’s bearish directionally, but bearish news doesn’t mean prices will keep falling endlessly. Once the sentiment passes, opportunities often arise.
$BTC What do you all think?
My take: It’s bearish directionally, but bearish news doesn’t mean prices will keep falling endlessly. Once the sentiment passes, opportunities often arise.
$BTC What do you all think?