yes

Why is it good for bitcoin?

Agree. God candles up are going to be fun, but they'll go both ways. IMHO, withstanding human emotional incentives of euphoria & despair with a choppy but steady grind up will be the best way. Probably not happening yet though 😉 But the larger bitcoin gets, the more it will fulfill the foundational role of free market money for the economy of the world.

Interesting seeing the decoupling this year. Prior models might just be broken.