Who is selling their Bitcoin and why the fuck are we hovering at the same price for so long...

Who is selling their Bitcoin and why the fuck are we hovering at the same price for so long? What is driving so many people to sell instead of just waiting to get rich?

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The longer we hover around this price, the more secure it will be as a 'floor' when we eventually retest after breaking $20k.

the real question is who the fuck is buying bitcoin now when you could have bought it for half the price a few months ago

Checked.
There are a lot of morons that institutional investors are taking advantage of near ATH.
They’ve recycled most of the 2017-18 FUD and posted it here.
Couple that the paid shitcoin shills that also FUD BTC and ETH to shake out newbies into their shitcoin and rugpull them.

the real question is when will this ponzi end ??

> Always was
> Always will be
> NAIDOC week / Ripple King

people who realize this is the last chance to buy under 20k

*raises paw* I put some of my bi-weekly dishwasher paycheck into Bitcoin and now have a fat .05 Btc stack

it's really not though

Absolutely based.
Don’t let them shake you out.

Bullish people were saying the same thing about 3k

>Who is selling their Bitcoin
>What is driving so many people to sell
Fucktard, people are trading. And not only trading crypto but buying IRL stuff with Bitcoin. That means there's a lot of shit in circulation at all times dummie

>t. Buying at 40k in 3 months
I love you Zig Forums

youre gunna need more than that. ask your manager for more hours

some people are already rich, not everyone has > 1BTC like you

>paw
Furries are an abomination. What is wrong with you faggots.

i bought at 3k, 6k, 9k, 4k, 9k again and started selling at 17k and 18k because i'm not an absolute fucking retard who buys assets after they go up 100% in a few months and hover so far above the moving averages. you guys are going to get rekt lmao

how do you know that? Greed index at 95? It could remain like that for a month or more, it already has. If we break 20k we'll likely go to 30k before any major correction, and that correction could bottom out still above 20k.

Why the fuck would you buy at 9k when you could have bought 3x the amount at 3k you utter retard?

look at the moving averages, greed index, rsi, divergences, mt gox situation, look at anything you fucking retard

Shit indicators, all of them.

because 9k was right after a golden cross you mouthbreathing moonboy faggot

What are the odds institutional money is holding the price down while they gobble up bigger and bigger stake and then BANG btc to 50k by Feb 1st? Then they have a whole pile of new assets to peddle to boomers who get investment advice from the commercials on between Perry Mason reruns.

>some people are already rich, not everyone has > 1BTC like you
Just 98% of the population right

who will get into btc when its 50k?

honestly then 20k is already insane.

>Just look at TA, it works so well on crypto, let's just ignore all the macro bullish factors
fuck off, IF Mt.Gox dumps on the market the dip won't last more than a few days

20k is here. It might retrace to 17k or 15k once more but that’s insignificant at this point. The next cycle is inevitable and here. We are living in the greatest happening in human history.

have fun getting dumped on you complete faggot. these retard moonboys with their 2 btc need to be banished to the fucking shadow realm before btc has the slightest chance of holding 20k

i think bank instituions and whatever are already in big time. for btc to rise further someone has to pay those ridiculous prices.

People were saying this all the way from 13K to 19K, and they expected a much larger dump after the double top. Yet it recovered, just look where it is now. It's more likely for it to crab until MA is at 17K than for it to dump to 14K.

you're retarded don't (you) me any more