my theory is that there is no more retail gambler demographic to reach.
"it's volatile and risky" --> "doesn't that sound exciting ?"
everyone who says yes are already in. the rest who say no wil...
There is literally no retail demand this cycle. If there were we wouldn't be sitting between 60k and 72k for three months.
Wall street stashing supply in custodian vaults is not adoption, it's taking money out of circulation. Considering that BTC has a cap it appears obvious that the retail order books are being suppressed.
Less circulating supply should increase value but for some reason it doesn't.
Wall street stashing supply in custodian vaults is not adoption, it's taking money out of circulation. Considering that BTC has a cap it appears obvious that the retail order books are being suppressed.
Less circulating supply should increase value but for some reason it doesn't.
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