Analyst Willy Woo Says This ‘Enemy’ of Bitcoin (BTC) Rearing Its Ugly Head Again \ stacker news ~bitcoin

Analyst Willy Woo Says This ‘Enemy’ of Bitcoin (BTC) Rearing Its Ugly Head Again dailyhodl.com/2023/09/24/analyst-willy-woo-says-this-enemy-of-bitcoin-btc-rearing-its-ugly-head-again/

343 sats \ 2 comments \ @BitcoinIsTheFuture 24 Sep 2023 bitcoin

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10 sats \ 0 replies \ @tenderscore 24 Sep 2023

willy woo: 🤡

0 sats \ 0 replies \ @CoSatoshi 24 Sep 2023

It this true? I don't understand how institutions are allowed to trade in BTC without actually holding any. Further, how does this affect price? Seems to me like it's more of a betting scheme which doesn't touch much, if any, BTC at all.