ChainCatcher message, Strike founder Jack Mallers stated, “Bitcoin is not a software company. The reason it’s traded like a tech stock is because many holders don’t truly understand it. This pullback is indeed painful, but it may be clearing out leveraged ‘software capital,’ allowing Bitcoin to ultimately be priced and traded based on its ‘hard currency’ properties. Hang in there. Buy the dip (BTFD). No one knows where the price is headed, but based on historical data, if you believe Bitcoin won’t drop to zero, now is a good time to start dollar-cost averaging.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Hyperliquid's largest ETH long position has added a long position in BTC, with the total current position value at $277 million.
According to Ember Monitoring, on March 3rd, ETH price rebounded to around $2000. A major holder, already holding 120,000 ETH long positions, added 550 BTC long positions, with a total value of $277 million.
GateNews2m ago
Core Scientific plans to sell approximately 2,500 Bitcoin in Q1 to support AI transformation
Core Scientific expects to sell approximately 2,500 Bitcoins in the first quarter of 2026 to improve liquidity and fund AI computing power hosting expansion. The specific timing and amount of sales will depend on market conditions and liquidity needs.
GateNews16m ago
DWF Labs Co-Founder: The company accumulated a large amount of tokens last month in anticipation of a market rebound
PANews March 3 News, DWF Labs Co-Founder Andrei Grachev posted on X platform that last month the company accumulated a large amount of various tokens, including Bitcoin, BNB, and multiple altcoins. He stated that they are waiting for a market rebound, which will bring unprecedented market activity.
GateNews19m ago
DWF Labs partner reveals large accumulation of altcoins and BTC, betting on market rebound
DWF Labs' Andrei Grachev stated that the team has been continuously increasing their holdings of Bitcoin, altcoins, and BNB over the past month, indicating that market activity is about to return. This statement has sparked discussions in the crypto community, suggesting that institutional funds may be accumulating at low levels and that liquidity is expected to recover in the future.
GateNews25m ago
ETF Bitcoin attracts $458 million, cash flows flow into cryptocurrency funds on March 2
On March 2nd, U.S. spot Bitcoin ETFs saw a net inflow of $458 million, reflecting strong investor demand. Ethereum and XRP ETFs also attracted significant net inflows, indicating improving market sentiment and ongoing accumulation trends in cryptocurrency.
TapChiBitcoin26m ago
Bitcoin Stuck? The U.S. Treasury Just Absorbed All the Liquidity
_Bitcoin stalls as the U.S. Treasury’s $950B TGA balance absorbs liquidity while BTC again rejects the key $69,420 resistance level._
Bitcoin remains unable to break above the well-watched $69,420 resistance level, even as broader market liquidity appears to expand.
Traders have questioned
LiveBTCNews37m ago
