Bitcoin no go up… why this happen?
Today I read on-chain data and look very strange. More than 800,000 BTC move or sold in last 30 days. Many people say is OTC, some to new wallets… but most look like real selling.
Big treasury company also no buy anymore… some even selling their bag. So demand become small-small. Every time price try go up, short-term investor just sell fast and kill the rise again.
Market feel heavy now, no strong hand for push up. Maybe later change… but now is weak time for Bitcoin.
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