Bull run has its own stories, and Bear Market has its own stories too.


During a bull run, MicroStrategy buys, BlackRock buys, Tether buys, the US government buys, and every institution buys without considering costs, no matter how high the price goes.
During a Bear Market, there is a net outflow from ETFs. MicroStrategy announced it will sell coins at a loss; it will start selling immediately without considering costs if the price is unfavorable.

They are all stories, all very exciting.
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