Institutions are buying the dip! Are you?

We have seen a similar trend for much of the past 6 months, and it doesn't appear to be slowing in the slightest.

Just now we saw roughly 12k bitcoin removed off of Coinbase Pro.

Check it out:

(Source: https://twitter.com/mskvsk/status/1388237016396181508/photo/1)

See that big red candle on the red?

Yea, it's big.

This is as bitcoin is breaking $58k and looking for more, right at a time when everyone and their dog was calling for consolidation.

To me it looks like bitcoin is getting ready to breakout to the upside.

Everything else is going up in dollar value, it's time for bitcoin to play some catch up.

That big chunk removed from coinbase was either going to corporate balance sheet, or being used to buy a house, like this one:

(Source: https://twitter.com/DocumentingBTC/status/1388192059044110339/photo/1)

For some perspective, that house was bought with 21 bitcoin.

Whoever withdrew that bitcoin could buy 60x of those things...

Yea, the fun is just beginning.

Get ready for $100k by the end of July.

Stay informed my friends.

-Doc