I agree on Bitcoin no longer being a retail token. It just keeps going up without any prolonged pullbacks. The people who are buying now do not seem intent on selling so it just keeps going up in price. I only took a small position in BTC and it is my best performing asset this year. Even the people holding the bags 3-4 years ago are probably out at this point.
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Yeah it seems that a lot of the Bitcoin being purchased is heading to cold storage.
That means it is going to be locked up for a really long time.
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