[Daily Discussion] Wednesday, April 15, 2020

Thats what I noticed, they all sold between 4800-5500.

You think these long term holders are buying in yet in general, or is that something you think cant be discerned?

I know for a fact that there are people who sold and will be conditioned to think that they will have an opportunity to rebuy where they sold and that they just have to be 'patient', where in the process they miss the entire bull run, or buy once/if 20k is broken and it undeniably looks bullish.

Some might catch on and just buy here and eat the 20% hit to their long term stacks, but yeah...I'm curious to know where you think the majority of these sellers get back in, or whether you think they've gotten back in already and taken the pain, or whether this is something that cant really be speculated upon.

/r/BitcoinMarkets Thread Parent