We know what time we are going through right now, but we believe everything will be over very soon. And we are hearing lots of FUD and what we are doing is only sharing the news and creating this FUD viral, but those who need opportunity, they just make something else happen. But it's true that this 900B down makes the times very tough for us. But those who believed in crypto saw an opportunity at this time. who we call the strong hand. And they are grabbing much more this time. In the meantime, two of the most powerful crypto influencers added more bitcoin to their treasury. And that is called strong hands grabbing bitcoin.
El Salvador is not a "strong hand" and is a very bad example, they bought in the vast majority of their Bitcoin at much higher rates so are net losers at the current pricing levels. Big hedgefunds seem to be trimming their exposure to cryptocurrencies at the moment because there are juicier and easier targets, they also want to be cash-liquid in preparation for a potential upcoming recession. The volatility of Bitcoin works both ways, on the way up it kept momentum going for probably longer than it should have, but on the way down it is going to take a big effort to reverse course. There will always be whales out there with deep pockets who make so much money from stock investments that they can channel some of it into Bitcoin without even noticing.