Bullish BTC Mentougou liquidation is not scary
Before the market was pessimistic about the future, it would invest in the seven US stock giants with strong cash flow, which have set new highs this year.
Because the giants have sufficient cash flow, high interest rates and do not need to borrow for their business. After the interest rate is reduced, growth-oriented companies will benefit first, because they can borrow money to expand the market and business with greater risks and higher returns. Only when the interest rate is reduced, the overall profit and loss ratio will be appropriate, and the market will turn to risky assets.
BTC is not short of funds to buy
The seven US stock giants have a market value of more than 15 trillion, and liquidity is gradually shifting to the risk market. Recently, small-cap US stocks are stronger than the US stock market, and the currency circle has also ushered in a rebound. At this time point, there is no reason to continue to be bearish. As long as the reserve funds of the seven giants dare to fall, BTC will be immediately supplemented. The current scale of BTC spot ETF is 50 billion US dollars, which is only 0.3% of the market value of the seven giants. It can also be regarded as a small-cap stock with excellent performance and high-quality assets. There is no need to worry about not having funds to buy at the bottom.
BTC liquidation is not scary
Mentougou holds a total of 140,000 BTC, and the amount of coins paid to users is about 20%, which is still carried out in batches, and the compensation is in coins. Users will also retain a portion, and the actual liquidation is far weaker than the German government.
The net inflow of funds to the Bitcoin spot ETF reached US$882 million in a week, and the net inflow was more than US$100 million per day. In other words, although the total amount of Mentougou is large, the compensation time is long and the compensation ratio is small. The final selling will not be all of the compensation, which can offset the inflow of Bitcoin spot ETF.
Recent positive events
The Bitcoin conference, Ethereum spot ETF, and Trump's related positive news, funds are transferred to risky assets, and the overall trend is still bullish.