Our view of Bitcoin acquisition has not changed
What you do not know about the reason for the acquisition movement and the boring upward trend of Bitcoin acquisition👇
If you notice that the acquisition path is clearly weak, and this trend in this form ends with a break and a change in course, and whenever the trend takes a long time to form, as soon as it reverses, the same delay or less than it occurs in the opposite trend
What are the reasons for the continuous and boring acquisition rise?
What made the acquisition endure more in the rise and delay this time are several factors, the most important of which are the events that occurred in 2022, starting with Luna, then the FTX event, then the inflation of the US economy before the current upward wave, which made the vast majority of whales and traders refrain from alternative currencies and head towards Bitcoin as the safest investment
Then came the hedge funds, which made people continue to hold Bitcoin without others in the hope of profit
Then the third reason, which completed the missing, is the recent political events