On Saturday, I wrote of how increasingly strong hands; coupled with inexorably rising demand and the upcoming May 2020 halving; could yield MASSIVELY higher Bitcoin prices…

https://steemit.com/andyhoffman/@andyhoffman/7-28-andy-hoffman-cryptogoldcentral-com-strong-hands-scarcity-and-the-2020-halving

…as INSTITUTIONAL investors, emboldened by the legitimacy Bitcoin has gained by remaining above the $100 billion “Hoffman Line” market cap indicator for nine months, start taking MASSIVE positions - in terms of the scant, available-for-sale supply…

https://steemit.com/andyhoffman/@andyhoffman/7-25-andy-hoffman-cryptogoldcentral-com-the0-meister-crypto-dividend-and-the-hoffman-line

https://twitter.com/Andy_Hoffman_CG/status/1023164564756520965

Yesterday, I wrote of the relentless selling pressure we have seen on essentially every Sunday night when futures markets open – which should be carefully monitored, to see how much of the “bear market mentality” still remains…particularly, in light of last Sunday’s violent about face, when an initial $200 price decline turned into a $1,200 surge.

https://steemit.com/andyhoffman/@andyhoffman/7-29-andy-hoffman-cryptogoldcentral-com-keep-an-eye-on-cme-bitcoin-futures-for-more-bullish-queues

Last night didn’t disappoint…with “paper sellers” - yet again, at a time of day when few traders are active – attacking right away, before buyers came in to fight them tooth and nail.  HUGE volumes have since traded, with seemingly relentless selling that as I write, has pushed the price down less than 1%, to $8,140.  Per the below tweet, this is the DEFINITION of MAJOR, strong-handed buying - likely, INSTITUTIONAL; that cumulatively, will tighten the market up significantly.

https://twitter.com/Andy_Hoffman_CG/status/1023166414440394758

Such MASSIVE supply absorption, at a time when 99% of the investment community has not a clue Bitcoin exists, is not only indicative of HUGE institutional buying, but limitless upside potential.

https://www.cryptoglobe.com/latest/2018/07/less-than-1-of-investors-plan-on-buying-bitcoin-wells-fargo-survey-reveals/