- Did the protocol break? No.
- Did the limited supply rules change? No.
- Did no counterparty to holdings in your own wallet change? No.
- Did it become impossible to store your keys in your brain and move your wealth anywhere you like? No.
- Did we get some major scandal ensuring a large bag will be sold off? No.
What changed? Nothing changed. ALL the fundamentals are still the same. Bitcoin is still the same Bitcoin. It's just a cycle, seen 6 times already, this being the 7th.
For every seller there is a buyer, a buyer who right now is buying and intending to hold until the next bull market.
And when the sellers run out, what do you think will happen.
EDIT: Lot's of downvoting going on. Maybe someone using bots to promote their short position.. Pay attention to the FUD people. Don't get fooled.
EDIT2: Reddit is showing me this: 19 points (61% upvoted) - 39% of this subreddit are downvoting this post? I hope people realize they're being fed a huge amount of FUD right now.
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