Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATH - those responsible.
by
Gozie51
on 14/04/2021, 14:46:45 UTC
Cheesy With profound gratitude and deep appreciation to those who short-sold their Bitcoin for this moment to be realistic, I think you’ll. Believe me, without them this moment shouldn’t have been possible, so, we the long hodlers say thanks, more liquidity still in need from these sellers.
And as much as we preach in the last couple of months that shorting bitcoin is dangerous because you will get rekt, but still traders and speculators think they can in this super fast rally that we have seen since late 2020 and up to this time. But we long term holders doesn't need to rub it in, we only wish they could have learn their lessons.

It is now obvious that bitcoin is used as investment, asset and income flow for people. Those who short obviously know that bitcoin was still on bull but they couldn't hodl anymore to risk waiting a long time if bitcoin drops drastically and that was a major reason to short. Now, are they going to regret seeing price climbing to $64k? They sold for financial need and bitcoin is climbing for real hodlers.

Checking on the past movement of bitcoin from 2017, this bull is different and I feel that next halving is going to take another hot bull and volatility.