Re: Bitcoin (BTC) Price Analysis: Bulls Refuse To Back Down
OP, I believe what was good about all those FUD was it made the Bitcoin market find its real support much earlier by making the weak hands sell faster than they should have. 
We have kwukduck as one of those people to thank for that. Hahaha.
We have kwukduck as one of those people to thank for that. Hahaha.
Do you think they sell all or something is left in their bags?
I believe all, and that the "weak hands" are comprised of Bitcoin newbies who bought their coins at the high or near it, that also do not know what Bitcoin deeply is. For them it is a mere transport to make more fiat.
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I agree that last few months may have in some way long-term positive effect on BTC price, coins will change hands and much more serious players will come in the game.
The whales might have also sold in the all time high and buy the low. Haha.