'Bitcoin Retail Investors Are All In' And That's Why There's No Floor, Blockstream CEO Says
Market Intelligence Analysis
AI-PoweredBlockstream CEO Adam Back attributes Bitcoin's lack of downside support to retail investors being 'all in' with no cash left to buy dips, contributing to the 25% year-to-date decline.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Blockstream CEO Adam Back told CNBC that Bitcoin (CRYPTO: BTC) lacks downside support because retail investors are “all in” with no cash left to buy dips, explaining the 25% year-to-date decline. The ‘All In’ Problem Back on Monday explained that...
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