Sunday musings...
Most people right now:
they don't believe in bitcoin
Well, more for me, then
#haiku
It does seem like the market is getting a little exhausted. I think the folks who got in at the bottom have likely all sold now. I’m not sure where the increased selling is coming from that’s holding the price down still. I’m not sure how much longer this will continue, but I definitely don’t expect it to remain a trend after April of next year due to the halving.
Exactly, Probably when the price gone to $31k in this year after April, many sold theirs to settle some debt. As you said, the increase is coming from the folks who bought when the price was $16k last year and this an opportunity for them to sell. Biodom said, many people have sold their bitcoin and many people bought them back so there are people believing bitcoin always. Happy Sunday to all Bitcointalkers.