I'm not complaining as I purchased 2 bitcoins in 2022 at 21K each, near the lows.
However, is something wrong with the bitcoin markets. I figured this would happen because those ETF's need to use exchanges to purchase coins and how is coinbase going to have the liquidity to deal with the current ETF demand.
What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?
Don't be deceived by that, Bitcoin is on the right track with so much energy to break new grounds. I don't not think that lack of liquidity will be a sign of pump to dump because Bitcoin is far from it. The all time high is the target and it is looking like price will break it soon. As at of this moment, price is at $61k and still pushing stronger. The right thing to do now is to continue to HODL because like some people already suggested, we are heading to $100k. This can happening after the halving or anytime soon. Provided what you invested is money you can keep in Bitcoin for long, I do not think you should worry about the liquidity. Simply sit back and enjoy watching the green candles as they continue to print.