snip~
The fundamentals are not good for btc
Ask yourself this question:
Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...
I know such an analogy, from a logical point of view, of course there will be no result if we just keep it in the wallet. But please what if you look at it from an investor's point of view? they know when to hold on to long-term interests. Bitcoin hasn't just dropped once and we've been through that season year after year. There's no need to compare it to buying a car and buying food for a year. Because the portion of need already has its share before we drop money in Bitcoin. Simply put, do you believe in the future that ATH will exceed $70K?