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Bitcoin OG’s selling to ‘weak’ hands will deepen selloffs: Peter Schiff

A lack of conviction among “weak” hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin OG’s selling to ‘weak’ hands will deepen selloffs: Peter Schiff

A lack of conviction among “weak” hands will cause new Bitcoin holders to dump at the first sign of trouble, worsening market drawdowns.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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