Can't see anything particular in the news, or is there? EM? China? Anything I'm missing?
This is not a drop, the underlying market is shifting the balance. It is happening, the panic symptoms are unique from GBTC, it is completely different from the previous FuD China, I think the market is still creating a level of bitcoin consumption and accumulation. we could slide a bit at $28k max, but overall volume and attraction have increased this week.