#MetaplanetBTCPurchase
The whale game enters... but is this the right time?
The Japanese company MetaPlanet announced the purchase of a new batch of Bitcoin as part of a "long-term strategy"!
The move has excited the market and has been linked to MicroStrategy's similar moves that caused a stir.
But let's pause for a moment and ask:
Is this really the best timing for institutional buying?
Or is it just an attempt to ride the wave of digital propaganda?
My perspective:
It's true that big companies are starting to enter,
But most of them enter after ensuring a low price and start pumping news to push it up.
The most important question: Is MetaPlanet buying with confidence?
Or are they buying because they're afraid of missing out on the "train" and are marketing confidence to us?
The market is currently full of shiny statements, but the reality is:
The valuation is inflated, liquidity is hard, and speculators are marketing any positive news as if it's the beginning of a bull cycle.
What matters to us as traders:
Don't trust any institutional movement immediately,
Some play the role of the hero, while they are actually a "supporting actor" in a pump and dump play.
