Read a theory today claiming Bitcoin’s price is being artificially pushed down by top secret insiders to take out Michael Saylor’s MicroStrategy. This is peak comedy and pure cope. The maxis cannot fathom that they have simply fell for a giant trap and invested all their time, energy, and money into an asset with no value outside of speculative gambling, one that sees extreme outflows during times of stress as capital flees to real assets. Exactly as we predicted. This is how you know the bubble is still dangerously overvalued, when delusional stuff like this go around. We will inevitably collapse below 80K in the coming days, then below 70K, 60K, 50K, 40K, and so on. As fast as this bubble inflated with hot air is as fast as it will collapse.(Jacob King)