Replying to Avatar Patrick

Personally I'm of the belief that the bull market did happen. It just happened for paper Bitcoin instead of actual corn thus no major bull in price. I don't buy for a minute that these entities actually bought the Bitcoin that was supposed to have been acquired at the time and are playing games to acquire in the bear.
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SwBratcher 2mo ago

Look at the price of bitcoin with CPI removed, or another means of peeling inflation off of the price. This will show that we haven’t really broken the 2021 all time high with any authority.

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Patrick 2mo ago

Yet they want us to believe enormous net inflows were happening. I'm sure the 100k psychological barrier did introduce a lot of first time sellers but highly doubt enough to be an offset of all the institutional money that was supposed to be flowing in. It just doesn't add up to me.