Unpopular opinion: The impact of ETFs on #Bitcoin’s price “surge” has been vastly overstated, and none of the pumpers and hopium dealers have admitted they were wrong. If anything, ETFs have only centralized massive amounts of BTC in the hands of a few custodians, making them ripe for another 6102 event.
Dear BlackRock and Wall Street simps, you got played. Again.
And if you think the SBR will be different, I’ve got some bad news for you.
Some thoughts.
#Bitcoin available in OTC pool have reduced to some 150k, that is not much considering just Microstrategy buying scheme..
#Bitcoin only exchanges have reduced to some 2.4 million but since these are owned by someone can't reduce to zero.
2025 was supposed to be the ATH year looking at previous cycles, making the above 100k recent top an anomaly (caused by ETF inflows ?).
So let's see where 2025 will get us ?
Another 6102 event doesn't affect those who understand "not your keys not your coins" or know a thing about history.
And then you have those idiots who both understand and know history.
In short "bring it on".
