Have been thinking about the whole GameStop Wallstreetbets saga.
I think that this was a sort of precursor or sneak peak at what is going to happen with #Bitcoin. Normal plebs were able to have massive gains due to the over-leveraged short positions of massive institutions. These big players were forced to massively drive up the share price to cover their losses.
Most institutions and high net worth individuals are short bitcoin without even knowing it. Humble plebs have been stacking for years leaving a very illiquid supply. As the price of bitcoin continues to rise all other assets fall in relation. They will have to start allocating capital to BTC and the price will be even more parabolic that GME.
We have them in checkmate and there is nothing for them to do but pump our bags.
