There is a constant bid going. The floor is strong. This is new, this wasn’t here before 2024. The etf buyers are different than the ops
2026 will be the real test to this hypothesis. They can also short it.
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They are welcome to. Nation states will be recking them lol
Will be interesting to see how it plays out either way. But 80% crashes are likely thing of the past 40-60% I could see in a bear market. Time will tell.
It’s too big now and obvious .