BITCOIN - The slowly melting ice cube

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In my humble opinion this could be a possibility:

Bitcoin price stays static at $10,000, whilst rippling between +/- $2,000, over the next 3 months, after this time the price will slowly melt off down to an amount equal to the 'forever lost coins'

Why?

The early adopters, those with the most foresight. The developers and Dollar Vigilantes of Bitcoin, they not only bought when it was cheapest but also bought more than most due to it being cheap.
These people got out and were getting out all the way from the $20,000 top, down to $10,000 then the selling hit a wall.

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The $10,000 wall of HODLers. Not only the poor Scotts getting screwed by the British bankers this time though.

The snake like ripple in price fluctuation caused by the recent ETFs.
The only volatility generator in town.

We got ourselves a Mexican standoff boys yeehah
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No one wants in until they see which way the price goes next.
No one wants out because they've held this long, they ain't folding now.

Eventually as the buzzards start circling above, and dust settles on the tumble weeds, cash will slowly melt away in drips and drops.

Or I could be wrong.

I only care about lovely Steem, gold and silver

BITCOIN - The slowly melting ice cube | Ecency