US investors are controlling BTC price thanks to good liquidity?

[Stompix]

Currently, BTC is correcting in the 6x zone, I really hope that the extremely good liquidity of the US market can support and help BTC price not fall too deep. If BTC price continues to decrease, I am afraid that many ALTS may return to the bottom zone 

My hope is not in the liquidity as that can be tricky and more in the confidence that was shown before in everything, press, forums, and live coverage where basically everyone no matter how low his investment was bullish that the price would go up if not all the way now but obviously after the halving.

So, I would assume a lot of people, and I mean like a lot!!!! will not think of selling, at least btc!
For alts, there might be a different story, there is not that much confidence there and a lot of profit taking,  but as nearly a bitcoin maxi, what happens below top 20 is out of my area of expertise and interest.

[MrSpasybo]

My hope is not in the liquidity as that can be tricky and more in the confidence that was shown before in everything, press, forums, and live coverage where basically everyone no matter how low his investment was bullish that the price would go up if not all the way now but obviously after the halving.

So, I would assume a lot of people, and I mean like a lot!!!! will not think of selling, at least btc!
For alts, there might be a different story, there is not that much confidence there and a lot of profit taking,  but as nearly a bitcoin maxi, what happens below top 20 is out of my area of expertise and interest.

To be honest, I'm waiting for a market correction right now to cool off BTC's rally, and for the market to go through a re-accumulation phase at the Halving in order to create a stronger bull run in Q3 this year. I'm not ready to see BTC hit $100K at Halving, but BTC is recovering to $69K, showing that liquidity is very thick and buying pressure at $60K is extremely strong. It seems that most investors are very optimistic and willing to buy right now at this price to profit when BTC reaches higher prices in the future. The positive impact of BTC Spot ETF and good liquidity has affected the BTC price chart better than I thought 

[Stompix]

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To be honest, I'm waiting for a market correction right now to cool off BTC's rally, and for the market to go through a re-accumulation phase at the Halving in order to create a stronger bull run in Q3 this year. I'm not ready to see BTC hit $100K at Halving, but BTC is recovering to $69K, showing that liquidity is very thick and buying pressure at $60K is extremely strong. It seems that most investors are very optimistic and willing to buy right now at this price to profit when BTC reaches higher prices in the future. The positive impact of BTC Spot ETF and good liquidity has affected the BTC price chart better than I thought 

I had the same opinion about two weeks ago!
But now I think a run to 100k, be it before the halving or after the halving is impossible to avoid unless something major happens such as a war or got knows that would make everyone run for the hills.

There is simply too much confidence, money keeps flowing, and the US has billions if not in the trillions area of money to be invested, Nvidia alone added 1 trillion in one quarter, the amount of $ on the market is insane and even if crypto gets only one tiny percentage it will still mean a lot if everyone is just focusing on higher price and doesn't want to cashout before 100k.
Furthermore, despite me being one of the worst pessimists when it comes to price I don't see a dump even after the new ATH, a small decline then side movements but nothing even remotely close to the ones BTC was used to, the likes of 60-70% down.

[Charles-Tim]

What do you think about the extremely good liquidity of the BTC market in the US? Do you think this will help the buying/selling behavior of US investors be decisive for BTC price and the future crypto market? And is this good or bad for the crypto market?

If a market price of something is volatile and good as bitcoin which is not too volatile, it will encourage traders to trade and also encourage holders to continue smart DCA. So this is good for the market. But how people will trade and hold is what I am not interested in because many people are trading bitcoin. Also that I do not care if it is Americans because bitcoin is not just for Americans but for the whole world.

[MrSpasybo]

I had the same opinion about two weeks ago!
But now I think a run to 100k, be it before the halving or after the halving is impossible to avoid unless something major happens such as a war or got knows that would make everyone run for the hills.

There is simply too much confidence, money keeps flowing, and the US has billions if not in the trillions area of money to be invested, Nvidia alone added 1 trillion in one quarter, the amount of $ on the market is insane and even if crypto gets only one tiny percentage it will still mean a lot if everyone is just focusing on higher price and doesn't want to cashout before 100k.
Furthermore, despite me being one of the worst pessimists when it comes to price I don't see a dump even after the new ATH, a small decline then side movements but nothing even remotely close to the ones BTC was used to, the likes of 60-70% down.

I am also quite surprised that the BTC price continues to rise without any significant adjustments. If this continues, we may have $100K at the Halving in April, which will be the next crazy thing we have to witness in this cycle.

This makes me a little worried, it could be that we will see the market cycle shorten: BTC will create a full cycle top in 2024 and 2025 will belong to the crypto winter. I don't expect this at all. I once expected that the good liquidity of the US market could meet the buying power from BTC Spot ETF, but it seems that the net inflows are too large! Anyway, let's enjoy this sweet price increase!

If a market price of something is volatile and good as bitcoin which is not too volatile, it will encourage traders to trade and also encourage holders to continue smart DCA. So this is good for the market. But how people will trade and hold is what I am not interested in because many people are trading bitcoin. Also that I do not care if it is Americans because bitcoin is not just for Americans but for the whole world.

I just want to mention that the good liquidity in the US market makes the fluctuations in the psychology of US investors have a big impact on the market: for example, when they start buying BTC Spot ETF, BTC price is pushed up strongly and sustainably instead of being pushed down when facing selling pressure from investors in Asia or Europe. Good liquidity has absorbed the selling pressure and maintained a fairly stable uptrend.

This can help us understand why the impact of Spot ETFs in the US is greater than the impact of Spot ETFs in Canada or Spot ETPs in Europe.