Algos treating bitcoin like SaaS.
https://blossom.primal.net/942b76adae82e37449308ee1eb738083382e03ee62f140f34009003278f7d7aa.png
Relatively few new retail investors came in this cycle. Meanwhile, ...
This “quiet printing” gradually takes the pressure off the dollar and favors scarce goods, precisely the environment in which Bitcoin thrives.