Bitcoin Drop April 23rd 2021 – Initial Research

Ok looking at the Wallets with over 100 Bitcoins (or over $4 million) 34 people cashed out.. Yea that's it

High 16,235
Low 16,201
-34 Wallets

So lets go higher to Whale Wallets 1000 Bitcoin wallet holders

April 21st – High 2,244
April 22nd – Low 2,239
-5 Wallets

Are The Mega Whale's, wallets with 10K Bitcoin scared?

April 21st – High 86
April 22nd – Low 86
0 Wallets

So this is only a weak hands shake out. The “Big Money” doesn't really seem to have caused this.

THIS IS NOT FINANCIAL ADVICE!!! DO YOUR OWN DAMN DUE DILIGENCE


So what am I doing? Well at 4am I've been buying the dip and catching this sale.

Additions Added: April 23rd 11:15am

Continuing Research For Buying More Than My Initial Purchase

Lets begin with the 1 Bitcoin Club having 1 is a bragging right. Are they running?

April 21st – High 819,458
April 22nd – Low 819,053
-405 Wallets

405 Wallets cashed out. No big deal

Lets look at 0.1 Wallets or $49K+ Hands, and see if there is fire and brimstone.

April 21st – Low 3,256,178
April 22nd – High 3,258,100
+1922 Wallets

Nope wallets are still going up. Nothing to see here.

Lets look to see if this is a seasonal thing.

See Nothing Seasonal: But Dips happen after during tax season and with it being delayed this year by 30 days could stretch the sell run duration, but I don't see a significant drop more coming.
Volatility slowing as we get higher than 48K

THIS IS NOT FINANCIAL ADVICE!!! DO YOUR OWN DAMN DUE DILIGENCE

Am I cost averaging in for more? Yep! I don't see the Bear yet.

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