Many people doubt the BTC bull market, let's interpret this comment.
Some people have commented on BTC:
As the volume of Bitcoin increases, the magnitude of each bullish surge gradually diminishes, the slope of the rise also decreases, and the speed of the rise slows down. In the future, it may be difficult to see the kind of sustained rapid surges in Bitcoin.
After reading, there are many questions:
1. What is the increase in the volume of Bitcoin?
Isn't the total amount of Bitcoin 21 million, which will always increase? Or is the Bitcoin I'm playing with different from others' Bitcoin?
2. The magnitude of the bullish surge decreases, the slope of the rise decreases, the speed of the rise slows down?
Does this mean that more and more people are selling? But the previous text calculated the total amount of BTC; selling it is just transferring it to others. After selling to someone, the other person doesn't sell, so it disappears. How do I retrieve it in the future?
3. Declines in the magnitude, slope, and speed of the rise?
Does this mean that fewer people are buying? This also means that the number of sellers is not sufficient to suppress the price. This also means that over time, 16 million (excluding the 4 million held by institutions from circulating BTC) are gradually sold to institutions. When all 16 million are sold, if the price still reaches new highs, does that mean the institutions that took them are going to sell?
What kind of strange logic is this?
4. Are the decreases in magnitude, slope, and speed of the rise implying a drop?
A drop is determined by the number of buy orders. According to statistics, the fiat and USDT from market institutions are continuously passively waiting for others to sell. To break through a large number of batch buy orders, there must be a single batch of people selling off a large amount at the same time.
However, as previously stated, there are no market participants with enough BTC to surpass the buy orders, so how can it drop?
Currently, the only way to suppress and cause a bear market is through hackers stealing institutions' BTC to sell in sufficient quantities. If there are no hackers, would institutions or exchanges give up BTC and sell everything?
Now exchanges are increasingly worried that the total amount of BTC in their exchanges is being bought up, which could lead to exchanges exiting the BTC ecosystem in the future. All exchanges are worried; would exchanges sell themselves?
Look at the institutional data linked in the previous text confirming this situation
