$BTC The New Year's long fairy tale will soon end and Santa Claus will be shipping gifts in the form of red candles, tearing off long panties from everyone in a row. While excited Longs are relaxing due to yesterday's growth, ETF funds continue to dump BTC, including BlackRock.
On one of the coming New Year's nights, Longs will wake up completely naked.
In general, BTC, rising higher and higher, pushes itself into a corner where there will be no liquidity to hold the price.
Already now, any large fund, with a sharp sale of its assets in the form of BTC, quite strongly affects the downward price movement, because the higher the price, the more money there must be for the buyout. In general, this will play a cruel joke on the largest fund MicroStrategy, they already have so much BTC that even if they want to sell, the market will fall just from the information itself, and even selling 20% of their BTC at the market price, without crashing the market with each sale, will not work.
Hold on tightly to your panties.
You can already order spare panties from Santa Claus right away.