A lot of people don't realize this.

There was a lot of $GBTC held in companies that went bankrupt in 2021, those companies are finishing their bankruptcies and liquidating their GBTC positions, which is putting a lot of pressure on $BTC.

If even with all the $GBTC being liquidated the influx of money to the ETFs is above the sell pressure, imagine what will happen when the bankruptcies finally finish selling the last $GBTC!

Game time...

And the higher we go the more traditional investors will FOMO into the ETFs, which will make us go higher...

I'm not sure where we will end up this cycle, moon? Mars? UrAnus?

#leofinance #crypto #btc