My opinion: Bitcoin this cycle is extra concentrated within the 3 apparent areas: MSTR, ETFS, Governments.
What do we all know? MSTR shouldn’t be promoting. ETFs will liquidate throughout a large dump together with let’s say half of the personal and public corporations.
The largest unknown to me is governments and the factor to look at in 2025. ETFs and corporations will proceed to develop, however how will governments develop relative to every part else.
What does it imply when governments turn out to be the identical dimension or larger than the exchanges and miners?
submitted by /u/Whereas-Casual [comments]
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