And now the correction is over and Bitcoin is back to $38k haha. Bottom was $30k, bears celebrated for all of what like 3 days now they have to go back into hiding until they claim bitcoin is dead at the next correction!

Grayscale starting buying again yesterday apparently. As I've said on here in recent weeks, the only chance for a serious correction any time soon was this month while Grayscale isn't buying (I thought they wouldn't be buying for another two weeks but their break was shorter than I thought). And what do you know, the 3-day / 28% correction ended the day after Grayscale started buying again. Weak hands can't beat $300 million or so in weekly buys from Grayscale + all other institutional investment + retail buyers.


Funny that just before I just logged on here a 12 hour old article popped up in my feed saying analysts expect further downside or at best bitcoin could see consolidation for a while. Shows you that "analysts" are generally traditional finance people who are just taking random guesses and don't understand that Bitcoin is still an emerging asset and not some mature stock, so they don't account for the current real life context of what is going on in Bitcoin (ie institutional buying and a no-supply shock) when making their guesses.

Nocoiners love being wrong and missing out on the best investment in the (history of the) world. A million little nocoiners hearts just broke for the thousandth time when Bitcoin catapulted out of the low-$30ks today.