Market analyst Willie Wu began a provocative reflection on his X account, simulating rhetorical questions that many could make market behavior.
How about this publication Addresses with over 10,000 BTC (SO-CALLED “Large Whale”) have been on sale since 2017. Wu didn’t refer to small traders, but those who bought Bitcoin ranging from $0 to $700, kept for 8-16 years.
In an ironic internal dialogue, Wu continued: “They’re stupid!”hinting at sarcasm and illogical things that appear to be on sale at this point in the cycle. Next, the images shared by Woo are observed.
What the analyst shows The context of an increase in institutional accumulation. The price of Bitcoin, which recently reached a new historic maxim of nearly $112,000, is lying around 105,000 today. However, institutional or government purchases have not been suspended.
A recent report by River Company cited by Cryptootics reveals that while institutions continue to accumulate Bitcoin, retailers are selling it. The facility’s capital leads demand, with many retailers withdrawing.
Cases such as Metaprenet and governments such as El Salvador and Butane have been adopted by actors with a long-term perspective.
X users asked Woo if it makes sense to buy Bitcoin at these prices. The analyst’s response was clear: “If you die tomorrow, it probably won’t. But if you’re spending another decade or more, it’s probably one of the best investments you’ll see in your career.”
Woo argues that the current context is very different from the context of the previous cycle. For him, Bitcoin is no longer a speculative bet, but a strategic opportunity with a solid foundation. Sale now – in the middle of the institutional and sovereign trends of accumulation – is a difficult decision to justify in its vision.