I think there is an element of secret stackers that will declare themselves at some point…….
Secret stackers can be countries, companies, or billionaires getting into the fray……
This is thing is world money, that has found legitimacy in the eyes of the blind and at this point will demonstrate inelasticity similar to the transaction fees………
I completely agree with you..
Let's not forget retail like were able and can still front running suits and big entities, many still weren't being able to buy btc as they wanted to due to burocracy, but all people working at this places already have these kind of information and probably are front running their own companies buying as private investor somewhere.
Thanks for opinions, appreciate it. I’m not a chartist and no info about this so find all opinions interesting 🤙🫡
