Bitcoin trader reveals exit strategy: ‘Retail will provide our exit liquidity’
Since Bitcoin (BTC) reached new all-time highs earlier this year, traders have wondered how far BTC can go. In this context, a Bitcoin trader revealed his exit strategy for the leading cryptocurrency, which involves selling to retail investors. The trader’s account goes by the alias Wolf ( @IamCryptoWolf ) on X and has recently shown skepticism over Bitcoin price predictions. In particular, Wolf has criticized PlanB ‘s $500,000 per BTC forecast, which has been massively reproduced by influencers. According to the trader, retail investors will “FOMO” into Bitcoin as the price surpasses $130,000, following higher expectations ($500,000). Notably, this is when Wolf says he will start selling, using retail traders as exit liquidity to book profits. Picks for you Solana price prediction as new update changes network fe...