Here is a chart highlighting a developing 'W' pattern in bitcoin:native. Note that it is perfectly fractal. The are small 'w's at the nadirs and a small 'm' at the apex. For extra credit look at the weekly to see a higher time frame fractal 'W'.
https://t.co/jcmfX6NXRy
@LarkDavis No institutions will even come close to $MSTR BTC holdings. I am confident MSTR will accumulate over 1 million BTC by the end of the end of 2026.
Bitcoin’s future is shaped by dynamic consensus among nodes, miners, and holders. Influence is weighted by power: nodes by transaction power, miners by computer power, holders by economic power. Protocol changes prevail when validation, security, and capital align. $BTC
By creating these wrappers they can control the dollar price of the underlying wrapped asset. This is what ETFs are and why they were invented.
With tokenization on execution networks we dont need ETFs. We can self custody assets and trade and exchange them ourselves.
Tokenization is a direct threat to the ETF complex.
According to @cryptoquant_com 270k $BTC was bought by whales at $59k the largest single tranche ever.
ETF forced sellers sold into the whales hands in a classic accumulation strategy.