Quote from: TheUltraElite on Today at 08:28:57 AM

Quote from: thayes09 on September 13, 2021, 11:58:11 PM

Microsteel bought +5050 more Bitcoin statistics, this company now owns a total of: 114,042 Bitcoins.

Scary what they can do with all that money isnt it? How much did you manage to squeeze from your wallet and buy?

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When they continuously buy Bitcoin in stages will it cause BTC to break ATH again?

If someone buys, someone dumps too. That is how the cycle is maintained. If ATH is broken, people will dump and exit and therefore a correction will happen. It can reach ATH but, IMO will also drop. Unless someone else also wants to keep buying.

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What do you expect for BTC at the end of 2021?

I do not expect anything for bitcoin. Having expectations only effects how you trade. Rather look into the things happening and if they are bullish buy now and sell when it rises. We still have three months remaining and the Winter is unpredictable for the market. So better keep both fiat and BTC ready.

Apparently the current daily bitcoin trading volume is about 800k btc so theoretically if they sell their 100k btc within a couple of weeks for example, it shouldn't be noticeable.

But who knows