Think of this all like math. The ETFs were a new variable. Now nation state sbrs are another new variable. To think bitty will behave the same way as before the formula changed with these new variables is orange piller logic.
Discussion
Education about bitty is also a variable that has changed. Same with marketing. Larry fink is shilling our bags now. That wasn’t in the orange pillers models.
The exchanges (strike, river, azteco) and tech (bitkey) are other variables that have also grown up. It’s never been easier to buy bitty and self custody it securely. These are called barriers of entry in economics. They have basically gone away. Capitalism is the engine that powers this. It’s not out of some orange piller altruism, it’s to make profits/add shareholder value. Profits aren’t a bad word.
Ops are all selling this range hoping to buy back at $65k
Meaning we will rip to $200k then have a brief dollar liquidity crisis that dips to $120k then rip to $850k and they will have completely empty bags