The spot market does not control the price of bitcoin. Derivatives do.

The metals market has suffered from this for years.

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You’re correct Cash settled futures contracts are very manipulative but at the end of the day, take your bitcoin off the exchange that will drive the price action.

True to an extent but also Saylor and strategy don’t self custody so there’s that. He can buy all the corn he wants, it’s still up all coinbase 🤷🏻‍♂️

Truth Lebs. When Strategy go self custody that will be signal