If I was a billionaire banker I would try to buy a shit ton of BTC before CME, create FOMO. Then Dumb it all on you for the BIG SHORT & then LONG the HELLLLLL out of it for the profit!
Triple Kill
Right now it's really the Korean buying - the west is dumping. I would have immediately agreed with you if I see the west being a net buyer.
That's what I said in the other thread. Its the Asian market that's pushing this price to this level, however, the West is dumping/buying at the same time that's why we don't see that correction. Asian's are quickly jumping whenever there's opportunity to get it at any price levels. FOMO is real and its really crazy to see the price going up to $20K this year because of CBOE and CME offering bitcoin future contracts.