Great post.
Since the launch of Bitcoin Futures on the Chicago Mercantile Exchange in December 2017, it shouldn’t be a surprise to anyone why the price of Bitcoin is more than 50% from the high.
Only Retail Investors chase price and buy high and sell low, while the Professionals buy low and sell high. The Hedge Funds have purposely sold Bitcoin futures to get in a better price.
The easy money has been made already. With the Big Boys in the game now, the rules have changes...study their playbook in order to win the game.