RE: Is BTC really going mainstream?9 Jul 2021 22:15
I think I can! The number of bitcoin on the spot exchanges is also falling drastically this is because the number of btc no longer in circulation I.e being held by the big institutions is also at a all time high. A metric George shows on cryptorus tonight. Another interesting prediction he makes tonight is that btc will start moving after the 16th July because this is when Kraken release the Greyscale Trust bitcoins and the fear is that these will be sold by investors. I however think that these will not be sold but the buying on the spot markets will increase and the btc bull run will resume. Why would an investor sell their btc at a loss.? So my crystall ball for what is is worth sells that we will remain within the current range until next week, we may even revist the 20's, this is the time to load up and the bull run resumes in the last weeks of July.