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Several holders are wondering if they should liquidate their Bitcoin positions. The idea of holding is interesting; however, it is complicated for those who took positions with leverage. Margin calls demand short liquidations. Several investors would not dare to put in additional capital as they see the market is unsure and the tight price range continues leaving an uninteresting volatility.
Bitcoin and Zero Value
Bitcoin comes with fair warning. Whales are not anymore doing anything to pump the price. Whales are trying to stabilize the price of BTC so that they can attract institutional investors.
Bitcoin Volatility
Subsequent, to the collapse of Bitcoin in June 2022, BTC price volatility has been low for over the past 6 months. There is no bounce, continuation, or anything. The price range has been super tight. BTC retailors and investors decided to hold. Despite the trade volumes going up, the price has been sustaining in a tight range.
Artificial Prop up of BTC Price
Investors in the game are aware of the artificial prop up of prices and they have well made more profits investing in BTC and have lived through different bullish and bearish trends; however, this time, the BTC ice age is maddening.
Crypto Winter and the Ice Age
Everyone is saying that crypto winters will come and go, but this just looks like an Ice Age – an Era. When the crypto winter or Ice age is over, the price of BTC is not going to go up without artificial price pump.
Investment Companies and Disappointing Earnings
Major corporations have bad earnings with BTC. Some institutional investors are abandoning the ship. Institutional investors help understand the potential of value in an investment and therefore attract fiat. In the absence of institutional investors, it is not going to be easy to have a well-sustained Bitcoin Exposure.
Exit the Banking System and Get Value
Bitcoin as an asset providing value investment appeared fanciful with the idea of helping people get out of the banking system to eventually retrieve value.
Forced Bitcoin Liquidation
Forced selling or forced liquidation usually entails the involuntary sale of assets or securities to create liquidity in the event of an uncontrollable or unforeseen situation. Forced selling is normally carried out in reaction to an economic event, personal life change, company regulation, or legal order.
Whether due to asset not performing well, to re-balance a portfolio, re-allocate funds, for part liquidation or full liquidation those who are shaking up are giving up Bitcoin by cashing out Bitcoin. The reality is when Humans are involved, no matter how good the intentions, things will go sideways because greed, corruption, thirst for power and importance are at play. Bitcoin is right, the wrong thing is the people using it to scam others – Luna and FTT is the example. Those who want cheap Bitcoin are trying to buy it now.
