but when those funds decide to pull capital to other options like stocks, gold, or silver, bitcoin pulls to the lows again. it is not a bear market, just etfs shifting money between these assets. it messed up the natural organic growth of the pair. (2/2)
#Bitcoin#ETFs#GOLD
2025 was a year of institutional balancing rather than a natural cycle. etfs have effectively transferred control of the market to institutional flows; when capital moves through them into bitcoin, we see new highs. (1/2)