While you're panicking about a little tiny Bitcoin dip:

- Mara bought $1.53b
- BlackRock bought $359m
- Hut8 bought $100m

Saylor is probably hitting the market for another $3b to buy more Bitcoin.

Nation states are buying in stealth mode.

#buythedeep

“Why there’s a Sudden Pullback in the Crypto Market”

The recent market pullback in the crypto space can be attributed to a confluence of factors:

Macroeconomic Uncertainty: Rising interest rates, concerns about inflation, and potential recessions are creating a risk-off environment where investors are shifting towards safer assets, leading to a sell-off in riskier assets like cryptocurrencies.

Regulatory Scrutiny: Increased regulatory scrutiny and enforcement actions against crypto companies are creating uncertainty and impacting investor sentiment. This includes investigations into stablecoin issuers and the potential for stricter regulations on crypto exchanges.  

Geopolitical Risks: The ongoing war in Ukraine and other geopolitical tensions are contributing to market volatility and risk aversion.

Technical Corrections: After a period of strong price appreciation, markets often experience technical corrections as investors take profits and rebalance their portfolios.

It's important to note that the crypto market is highly volatile and susceptible to sudden price swings. While these factors may have contributed to the recent pullback, the market is constantly evolving, and new developments can quickly impact prices

#MarketCorrectionBuyOrHODL? #BinanceAlphaAlert #buythedeep

Peter Schiff Recommends Biden Sell U.S. Bitcoin Holdings

Peter Schiff advises President Joe Biden to sell all U.S. Bitcoin to reduce the budget deficit.

Schiff believes this move would stop plans for a U.S. “Strategic Bitcoin Reserve” that Trump and others support.

Trump and Senator Lummis want Bitcoin to become a reserve asset for the U.S., similar to gold.

Countries like Brazil and Poland are also looking into national Bitcoin reserves.

Schiff argues selling U.S. Bitcoin holdings will stop these plans and prevent more Bitcoin accumulation.
$BTC


#BuyTheDeep #MOVEOpening #MarketCorrection

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