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I almost forgot—this is a crypto-market pattern that was previously summarized.
To put it plainly, MicroStrategy looks for the right buy point for Bitcoin, and the “dog whales” in the crypto scene pretend it’s a roaring bull run, then yank up the altcoins hard and keep dumping.
Retail investors can’t afford Bitcoin, they find Bitcoin’s swings too small, so they can only bet on the altcoins.
Perfectly trapped.