Elon Musk said Bitcoin is "based on energy." Governments can print fake money, but "impossible to fake energy."
Capital inflows into Bitcoin have dried up. Liquidity channels are more diverse now, so timing inflows is pointless. Institutions holding long-term killed the old whale-retail sell cycle. MSTR won't dump any significant chunk of their 673k BTC. Money just rotated to stocks and shiny rocks. I don't think we'll see a -50%+ crash from ATH like past bear markets. Just boring sideways for the next few months. Shorting here hoping for a nuke? Good luck with that.🤔 image