When insiders, many of them advise take some profits now just in case. They see the potential for a correction. El Salvador & Ukraine adopting #Bitcoin gave no boost to the valuations. Major companies are talking about accepting #Bitcion, but next year. And the ETF’s are being slowly reviewed by the SEC. The SEC will not likely approve them until the end of 2021 or early 2022. And when comparing the last major pump there is likely only one more pump in the cycle left in the current cycle, and investors know it, and don’t want to get left holding the bag. #Bitcoin will likely head back down to 29K-31K before pumping again. Depending on what you bought #Bitcoin at you may want to considering profit taking while you can.

By block head

Block Head is a blockchain journalist.