Considering the fact a majority of it is mined by mega corporations now no. They are stocking and stacking.
144 blocks per day at 6.25 BTC per block roughly 900 Bitcoin every day or 49.5 Million dollars being printed each day.
With only 2.5 million bitcoin left to be mined I can understand that pull back. Long time though till the next halving.
Posted Using LeoFinance Beta
900 Bitcoin a day are bought in seconds for this large institutions.
We'll see more price appreciation sooner than later.
Posted Using LeoFinance Beta
More reason for people to get bitcoin themselves for what is left. It's about to be controlled by corporations. Exactly the reason bitcoin was invested in the first place to get rid of them. Pretty odd lol