what happened is the FTX/3AC/GBTC circle jerk of cumlordz suppressed bitcoin price discovery for all of 2020-2023, meanwhile plebs continued to empty exchanges to the lowest levels in forever
then a few ETFs came with new organic bids and exposed how little BTC there was left
oooowh, I thot willy woo said enuogh paper bitcoin on exchanges to recirculate fictional bitcoin trading keeping price down for as long as bankers, hedgefunds and private equities can print digital Tether or USDC, willy might be onto something cuz he's into Alta cions with not so Adaptive capital, wat happen wid dat? Murad kid went belly up? lets wait for 2029-2030 wen Charlie might roll around in his grave rat poisoining Cathie wood, Unreal times
