Very true. Another tailwind.
I just thought of another. The extended bear market. Probably most coins are now in the hands of hard core hodlrs. Paper handed tourists are probably long gone.
Discussion
Yeah this is a serious catalyst and I hadn’t really considered it. All the fiat clowns are washed out of Bitcoin right now. When spot price pumps the hardcores will just keep DCAing 😂 not start selling to exchanges.