Bitcoin Sentiment On Wall Street Has Turned Negative, Galaxy’s Thorn Says
Wall Street’s attitude toward Bitcoin has flipped from euphoric to deeply skeptical after last year’s crowded long trade unraveled, according to Galaxy Digital head of research Alex Thorn. In an interview on What Bitcoin Did, Thorn said the shift has less to do with conspiracy theories or a single bearish catalyst than with exhausted demand, heavy long-term holder selling, and a market now struggling to find a fresh narrative.– whale distribution was significant, inevitable, necessary, healthy Featured image created with DALL.E, chart from TradingView.com
– wall st negativity on BTC is real but wrong
– bitcoin’s fundamental value is real and right
– you need to be robotmaxxing or you’ll be forever framemogged https://t.co/GUMAARf7PlAbout Author
