PieCircleInvincibleLuckyStar

$BTC Many friends have been complaining that $BTC Bitcoin has risen too little compared to gold, and even more so compared to silver. The gap is huge, and the S&P 500 has even left Bitcoin behind. But is this really the case?
I selected April 10, 2023, as the reference point. The reason for choosing this date is because it was the first time BlackRock announced plans to apply for a Bitcoin spot ETF. This was also the first time the world's leading asset management company applied for a cryptocurrency ETF. I believe this date marks the beginning of institutional entry into BTC.
From this point

$RIVER Seeing the 11/1 crash in the crypto circle being brought up again for speculation~
Sharing my thoughts~
First, it is not reasonable to consider the 11/1 crash as the culprit ending the bull market. The cycle of bull and bear markets is natural; whether there is a crash or not does not change the transition between bull and bear markets~
Second, if you say there is no conspiracy behind the 11/1 crash, then you are too naive. As for which interested parties are involved? No need to speculate, just see who benefits the most~
Just a brief look at the signs of human intervention in the 11/1