This graph adds a lot of clarity to the game being played by the bigger players. The same institutions who last year were dissing on BTC are now quietly and heavily investing in infrastructure to support its use.
Just like last year when governments of countries were banning crypto only to later adopt it. It's a game to shake out the small retail players and position the big investors to get in at lower prices, something they missed a couple years ago while hoping crypto would just go away and doing all they could to kill it.
Once they realized it's not going anywhere, they have been attacking it and spreading FUD while positioning themselves to scoop it up at lower prices. Classic play.
My strategy is to do exactly the opposite as the MSM says to do. Buy when they say it's dead, sell my initial investment when it's going to the moon, that way I'm only playing with the house money at this point.
By the looks of this graph and the players getting involved, crypto is here to stay.
Absolutely... It's just a shake off, that's all
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