Theory:

1. Between 2009-2020 the elite in the USA hoped #bitcoin   wouldn’t catch on

2. But in the 2020 cycle they understood that it won’t die, and therefore they had to find a strategy to stack as much as possible on low prices

3. They chose to do a controlled demolition of The Dollar by printing it while stacking bitcoin in silence

4. They also implemented Futures ETFs to manipulate the price

5. They didn’t want to go all in at once because that would instantly kill the fiat system and make plebs insanely rich

6. They want to create FUD, print money and shake out as many plebs as possible on the way

7. China is now seeing the same as USA, but has implemented In-Kind ETFs, which will make it harder for USA Elite to manipulate the price with Futures ETFs.

8. Also large companies in the USA likely started buying BTC end of May because of the 90 day trading delay for new ETFs was over. In August large companies will file to SEC about how much they have bought. I believe Apple and all the big ones will report large #bitcoin  holding there

9. August 2024 could be the suddenly moment for #bitcoin  where China Elite and US Elite drive the price to infinite fiat and destroys the Fiat system on the way