why bitcoin

just my opinion. the market followed the same pattern as the other major u.s. indicies. most of those sales were from funds rebalancing portfolios as a result of changes to global economics. however most btc hodl's are long term investors and rarely sell, these investors not only hodl but they buy regularly (weekly paychecks, monthly, etc.). lastly bitcoin is considered by many as a store of value, known as digital gold, as a result some investors put money in btc as a way of protecting capital . in summary, yes bitcoin went down along with the other indicies however it was the cleanest dirty shirt in the hamper because of its strong investor base and relative value. submitted by /u/stonks2rkts [link] [comments]

Apr 17, 2025 - 17:01

just my opinion.

the market followed the same pattern as the other major u.s. indicies. most of those sales were from funds rebalancing portfolios as a result of changes to global economics. however most btc hodl's are long term investors and rarely sell, these investors not only hodl but they buy regularly (weekly paychecks, monthly, etc.). lastly bitcoin is considered by many as a store of value, known as digital gold, as a result some investors put money in btc as a way of protecting capital . in summary, yes bitcoin went down along with the other indicies however it was the cleanest dirty shirt in the hamper because of its strong investor base and relative value.

submitted by /u/stonks2rkts
[link] [comments]