My friends had no problem buying #bitcoin at $7K all the way to $20K. Most of them have panic sold at a loss and now won’t dare to re-invest at $4K. Something tells me this cycle will repeat again at $40K to $80K per $BTC. 🤔

My friends had no problem buying #bitcoin at $  7K all the way to $  20K. Most of them have panic sold at a loss and now won't dare to re-invest at $  4K. Something tells me this cycle will repeat again at $  40K to $  80K per $  BTC. 🤔 submitted by /u/Bitcoin1776
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Bitcoin – The Currency of the Internet

For the price to remain the same, it means people (and institutions) are buying at least more than 12,000 BTC every single week.

I think many institutions are buying quietly before the next rally and before the next halving:

http://www.bitcoinblockhalf.com/

This is a great time to accumulate. The upside potential overweighs many times any downside risk. And with the stock market peaking, more money will start flowing into Bitcoin.

submitted by /u/simplelifestyle
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Bitcoin – The Currency of the Internet