<<  >> (p.4)
    Author Topic: October Brings Massive Bitcoin and Ethereum ETF Outflows, $291M Pulled...  (Read 576 times)
    NotATether
    Legendary
    *
    Offline Offline

    Activity: 2114
    Merit: 9046


    Search? Try talksearch.io


    View Profile WWW
    October 03, 2024, 08:14:37 AM
     #21

    Probably weak hands due to the Iran attack on Israel yesterday. Obviously it’s really bad that it happened but I can never understand why people sell because of events like this. Often I think it’s whales using bad news to short & push prices down in at attempt to scare weak hands into selling so they can dump the price to pick up cheap coins.

    If people are going to be scared then why do they have weak hands? Why are they pulling out of Bitcoin when such events should actually make the Bitcoin price go up? (because, you know, fear and all that).

    It makes no sense, but then again these are investment companies we are talking about. We don't know if this is part of their long-term strategies or not.

    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
Page 3
Viewing Page: 4