80,000 Bitcoin pieces have been moved
representing 0.4% of the total market value of Bitcoin
Assuming it were sold right now all at once in the market on a central exchange, we would see a strong downward tail after which the price would recover and return to its place because the amount sold is not that large compared to the market value of Bitcoin
Most of the large sell-offs occur outside the exchanges (OTC) to avoid impacting the price
In many transactions, there is a direct agreement between the seller and the buyer
Therefore, moving quantities of this size could have implications, only God knows what they are
But analytically, and the chart leads the news, we expect Bitcoin to rise undoubtedly to at least 110.7k, and God knows
The question is whether it will rise from now; technically, I don't think so, it has a chance but not a high degree of certainty
Therefore, being completely out of the market right now seems wrong
So I believe, and knowledge is with God, that every drop is an opportunity to buy and strengthen
In the end, this is just a perspective that may be right or wrong based on knowledge and signals, and God is the guide and knows best what is to come ???
