What do they see? A Bitcoin market that's gone x10 in less than 12 months. They see a market that is obviously unstable, so why pump more money into it when they can just wait and buy at a lower price?
That or because they don't think it's going lower.
Even if it does, they think it's going to be significantly higher a year from now, which means you want to buy any dips you get.
On this note, the more you continue talking about bitcoin going to $20k doesn't mean it's actually going to happen. ;)
Haven't you learned yet that everyone loves it when I make predictions so they can bet against the 100% fail rate? 😅😂🤣
I worry about the ones that follow along with it... ;)