Row 72962

Row ID: 72962 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 72962 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

People sell at every single level of price, that's how a market works.

Personally I am selling a few hundredths at $70k when it gets back up there for living cuz I retired off my bitcoin.

I bet a lot of people don't understand Bitcoin's market cycle and they are worried that its been hanging around the ATH the past couple months and they are worried its gonna crash like it did last time. I do see people mention this, and saw people have the same idea of selling around $20k last market cycle too. But this would only be a small part of the sellers. People sell every single day for all sorts of reasons. I'd say the majority is probably traders. Traders selling for profit after buying recently in the low to mid $60k's, or selling/panicking and trying to buy in lower after buying at $70k.

FieldValue
text People sell at every single level of price, that's how a market works. Personally I am selling a few hundredths at $70k when it gets back up there for living cuz I retired off my bitcoin. I bet a lot of people don't understand Bitcoin's market cycle and they are worried that its been hanging around the ATH the past couple months and they are worried its gonna crash like it did last time. I do see people mention this, and saw people have the same idea of selling around $20k last market cycle…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-24
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Raw Record

{
  "text": "People sell at every single level of price, that's how a market works.\n\nPersonally I am selling a few hundredths at $70k when it gets back up there for living cuz I retired off my bitcoin.\n\n  \nI bet a lot of people don't understand Bitcoin's market cycle and they are worried that its been hanging around the ATH the past couple months and they are worried its gonna crash like it did last time. I do see people mention this, and saw people have the same idea of selling around $20k last market cycle too. But this would only be a small part of the sellers. People sell every single day for all sorts of reasons. I'd say the majority is probably traders. Traders selling for profit after buying recently in the low to mid $60k's, or selling/panicking and trying to buy in lower after buying at $70k.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1nMDl2NzZUUFJWSnZYS2l3WENsUTlYeFd0MWxBY3ZldmFDUEVWYVFqTWlLdjFxRmt5VVNZc2gteHF3ZkRkbzlDQzR4QmxRYml4UU5ZeEdLSGQ3dVhNR3I0ME9Kc3UwWDJORnZuZXFPZHlzLU09",
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}

Entry Information