I did not appreciate how much Grayscale sell off would happen simply because people weren’t trapped in a product anymore. We are basically half the price we should be at thanks to the sell pressure from GBTC. Enjoy the cheap sats for as long as this continues. When that fund is dry, things will truly get nutty.

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I know this is hopium, but I completely agree. We’ve also been consolidating at $50k-$65k for like 6 months. Obviously price could break either way, but it feels like anything that spikes demand could make price run like crazy

We are coiling up for sure.