[Founder of Formula News: Reduced Bitcoin holdings by 1/3 near $63,000, expects to buy back at a lower price within 1-3 years] Vida, the founder of Formula News, stated on their personal channel that they have reduced 1/3 of their Bitcoin position near $63,000. 'Bitcoin still has a bull market ahead, but its current narrative has been completely overshadowed by AI, and no new narrative is foreseeable in the next 1-2 years. The remaining core narrative is fiat currency replacement/hedging against fiat depreciation. The next bull market will depend on issues arising with U.S. Treasury bonds or the U.S. dollar, but such significant issues are unlikely to appear in the short term. Before the next bull market, global assets are highly likely to undergo a repricing phase. Therefore, I expect to buy back this position at a cheaper price (estimated at $45,000-$55,000) within 1-3 years.'