TonyTheBull
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This poll was designed to illustrate a point


Assuming my audience is mostly #Bitcoin bulls, 63% of respondents are planning to sell their BTC above $100K
This is why I anticipate the worst bear market ever once this price objective and beyond is reached
The amount of supply that becomes unlocked the moment price passes above this level, will be insane
We’ll always have holdouts for $200K - $300K - $500K and real crazies stating $1M
But $100K is the magic number that turns most Bitcoin holders into sellers. It is this target that tipped the balances of BTC on exchanges and made it begin turning down for the first time in history
What makes this situation even more dire, is the message it sends the market once Bitcoin has achieved $100K plus, then falls back below it
The message of “I missed my chance” will be very clear, especially if combined with a blowoff top, deflationary bust, etc.
People will panic and gtfo at whatever prices they can because unlike what happened at $60Ks, they will KNOW it is over
I actually think it goes much higher than $100K up to $160K, but I definitely don’t think it stays there very long
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