Why Bitcoin Investors Aren’t Worried About This Price Pullback

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Stock market continues its descent</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Insider stock selling reached five-year high in August</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">President Trump promises more aggressive decoupling from China</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Investors and the BTC price dip.</span></p> <p><span style="font-weight: 400;">Over the last several weeks,</span> <a href= "https://www.coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoin</span></a> <span style= "font-weight: 400;">has pulled back from $12,400 to around $10,000. This dip has happened alongside a broader retracement in equities, led by falling tech stocks. </span></p> <p><span style="font-weight: 400;">While some have levied correlation to equities as a failure of bitcoin, NLW argues this critique misunderstands the narrative that has driven accumulation from new holders over the last six months. </span></p> <p> </p>