Dear @cryptomeeks
This market is great at shaking out the fearful and rewarding the strong hands
I kind of believe, that weak hands are already gone. most of them at least. Those who are still on board (since last crash almost 2 years ago) should be considered "strong hands" alreay.
Currently I would see most of selling pressure coming from Chinese investors, who struggle a lot since their authorities are becoming increasingly hostile towards crypto.
ps.
I'm not sure if we can trust graphs any more in current days - especially knowing that central banks can print more money anytime they want and pump it all into markets, causing wave of demand.
Or they can absolutely destroy this demand and increase supply by announcing new level of interest rates.
Yours
Piotr
RE: A Glance at Bitcoin - Why I'm Still Stacking Sats