The reality here is that for a while Bitcoin started to sound like a broken record. Huge investor inflows into ETFs could drive up Bitcoin's price. Again, although the flow of ETF-investors has cooled somewhat, the momentum of capital in cryptocurrencies is considered to be increasing. But don't worry, we've seen this story before with Bitcoin. And experienced cryptocurrency investors know this has happened to Bitcoin before Again the price of Bitcoin is not going up, even if it plays an indirect role for ETFs, the main reason is that you have retail and top buyers investors like me who are not institutional investors, you will notice that retail investors are increasing their holdings in Bitcoin. As time goes by we can expect more institutional investors to start buying crypto.
Can you explain further how bitcoin is sounding like a broken record recently? For your information bitcoin broke the previous ATH and set a new one around $73k, that's to tell you that there are still interest in bitcoin and bitcoin is still one of the most talked about investment for years now. That doesn't sound to me like a broken record. What we are seeing now in the market is normal occourance. We all as hodlers are not concerned about that, our primary focus is to keep doing what we know how to do best, that's continuing with our buying plan. To long term holders the current market situation is a blessing for us, because we are buying reasonable stash of bitcoin at a reduced amount. For retailers like you it will be a bad market for you as you are not making the daily peanuts you usually get. But don't come and disturb us here with your retailing ideology, as this thread is specifically dedicated to long term hodlers. We buy and Hodl!!