• Bears see drawdowns, cycles, and macro risk • Bulls see ETFs, global liquidity, and supply shock • Institutions see portfolio math and long-term exposure
Bitcoin doesn’t need consensus to move. It only needs marginal buyers with conviction.
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Same asset. Completely different realities.
• Bears see drawdowns, cycles, and macro risk
• Bulls see ETFs, global liquidity, and supply shock
• Institutions see portfolio math and long-term exposure
Bitcoin doesn’t need consensus to move.
It only needs marginal buyers with conviction.
History favors the patient, not the loud.