Don't Sell: Fiat-Printing Buyers Are Accumulating Bitcoin
I find myself wondering whether to sell Bitcoin at 3 when it could be 5 tomorrow.
For some countries and institutions it becomes tempting to generate fiat and buy Bitcoin, since buying a scarce, steadily appreciating asset with easily issued currency is attractive.
That creates participants with effectively unlimited financial resources who prioritize accumulating supply over price, so selling into that demand can be costly.
Analysis
Recommendation
I would avoid selling into this environment and prefer holding or buying on weakness; size positions conservatively and keep risk controls because policy-driven buying can be unpredictable.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.