overreaction-bias

Institutions entries and BTC

COINBASE:BTCUSD   Bitcoin
MSTR GBTC BTC BWB

29k~32k range can represent a major support

Question:
Given macro and geopolitical conditions, would institutions snap-in at their entry range? Did they sold already?
if institutions already sold and don't want to re-buy at this range, we would go sub 28k.

I am sure inflation will stay longer, after this sudden deflationary event on assets, it is likely BTC stop to bleeding making a capitulation bottom.
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