Crypto Whales Dump Bitcoin: Is the Strategic Bitcoin Reserve a Joke?

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Well, well, well. Look who’s decided to jump ship! Our dear friend Doctor Profit has decided to sell off a significant portion of his Bitcoin holdings and enter short positions. Why, you ask? Well, it seems that the recent news surrounding the Strategic Bitcoin Reserve has left him feeling a bit underwhelmed.

Now, I know what you’re thinking. “But wait, isn’t this a game-changing development?” Well, according to Doctor Profit, large players and whale investors have already priced in the impact. So much for retail investors thinking they’ve hit the jackpot.

But wait, there’s more! Doctor Profit firmly believes that Bitcoin has yet to experience a proper correction in this cycle. He sees the recent developments as the final push before a 40% to 50% decline. Yes, you read that right. He’s predicting a retracement to as low as $50,000–$60,00 before Bitcoin resumes its long-term bullish trajectory.

Now, I don’t know about you, but I find it absolutely hilarious that Doctor Profit is selling off his Bitcoin holdings and entering short positions. I mean, who wouldn’t want to double their holdings by buying back at $50,000–$60,000? It’s almost too good to be true!

So, there you have it folks. The Strategic Bitcoin Reserve might just be a big joke after all. And as for Doctor Profit, well, let’s just say he’s got a lot of faith in his own predictions. 😉


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2025-03-09 10:36