The same guy who was bragging about buying BTC at ATHs is now capitulating
Things you see at a bottom

DAVID BAILEY'S "NAKAMOTO" DAT REPORTS $20M BTC SALE AT $70,422, BELOW $118,171 AVG COST: FILING

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With the fear index soaring, yet bottoming signals appearing, is Bitcoin nearing its bottom?

Retail investors are leaving the market, while institutional investors are increasing their holdings; Bitcoin may be entering an accumulation phase.

Nearly six months have passed since Bitcoin hit its all-time high. During this six-month decline, almost no known national governments holding Bitcoin have sold off. However, we have discovered a very interesting opposing force: El Salvador vs. Bhutan. Over the past six months, El Salvador's Bitcoin holdings have increased from 6,376 to 7,600, while Bhutan's have decreased from 6,234 to 4,000.

This selling pressure from the Himalayas is not significant, but it is mysterious. Bhutan, a relatively isolated Buddhist country located between China and India, in 1974...

A country that uses 9% of its GDP to gamble on Bitcoin

Tokenization is essentially an "access" story, allowing more investors to access asset classes that were previously difficult to access.