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106 sats \ 2 replies \ @Undisciplined 19h \ on: Market Prices Are Truth: What is BTC/USD Telling Us? bitcoin
I've been wondering if there isn't something of a let down on the specifics of the SBR. Some amount of SBR was priced in. Maybe there was an expectation of purchasing bitcoin in large quantities and when that didn't realize, some speculators sold.
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21 sats \ 1 reply \ @denlillaapan OP 12h
...and the market is so thin/there were so many of them that them leaving meant on the margin, -30% (or wherever were at)?
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0 sats \ 0 replies \ @Undisciplined 8h
Exactly. I've also seen people talking about lots of bitcoin buys happening through other channels, so price is a little understated.
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