I believe Russiaโs acceptance of btc is overestimated. It does not mean a free flow of btc - no anonymity, regulated as a foreign currency transfers through banks and officially registered exchanges with full control by the Government.
Just noticed - in Nov when btc hit ath, greed was at 85 and it crushed immediately after. Now we sit at 11-13 fear - emitions are even stronger! Maybe nothingโฆ