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A veteran investor has publicly acknowledged what many crypto watchers sense but few with long track records will say aloud: demand for Bitcoin has dried up, at least for now.
The admission is striking not for its candor, but for what comes with it—the same investor insists the long-term case for $BTC remains intact.
Sentiment at a Low, Conviction Intact The unnamed veteran's framing captures a market in a peculiar psychological state.
"Nobody wants to buy Bitcoin right now," the investor told Benzinga, a concession that cuts against the promotional culture that typically surrounds crypto commentary.
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