Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 19/01/2021, 23:03:08 UTC
Before you read it elsewhere.
Fasten your seatbelts guys.

On January 18 Grayscale added 16,244 BTC to their Bitcoin fund!



More than 600,000,000 inflows on a single day.
Highest BTC inflow ever.
Highest USD inflow ever.
More info here, on my GBTC Observer thread.


Any info on others besides GrayScale piling into BTC? I mean what if they decide to 'slack off' and slow down purchases now due to the 'caution' of a pullback

and wait for the pullback to buy again? Is there enough PayPal and other Traditional Investors now in play, to at 'least' keep the price sideways?

Or are we looking at the usual 'Bitcoin you merciless bitch' ..plain old 50% pullback...brief or otherwise?

Thanks, just wondering if the current BTC price is a 1 trick pony with GrayScale hype/FOMO mostly.

Brad