More fall to come?

By toofasteddie | The cryptorunner | 6 May 2022


...and perhaps the most significant thing is not that we are attached to the stock market but the desire to sell and flee that some have lately.
Going around social networks and others, I found this chart that has left me worried.
We have gone in a few days from an accumulation environment to a distribution environment, that is, the balance of BITCOIN in the exchanges has grown more than 3% in the last 24 hours, something that has not happened since July 2021.

image.png

It's business as usual, money passes from the impatient to the patient...

This scenario does not augur good times if things continue like this, although it does offer good opportunities for all those who thought they missed the boat.

@toofasteddie

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toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
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