Last week ETFs bough over a month's supply of BTC (BTC18.750). Just yesterday ETFs consumed BTC7.761 which is over 17 days of supply consumed in only one day! Anyone else is astonished that they're able to do that without moving the price much?
That InvestAnswers James guy always talks about that just $1 billion taken off the table moves BTC up by X.
This never seems to happen in reality.
I think his ideas are flawed as either he assumes no one sells if they see the price move up,
OR if he does consider that, other assumptions in his maths are just not correct at all.