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Lately, all I see on X is people shouting that BTC will hit 100,000. I checked the history, and the same group was shouting the same thing when it was 30,000 last year. ETF inflows are real, but the price has long been priced in. Those entering now are just betting that others are even more foolish. Every time I see "halving bull market," I can't help but laugh. Halving reduces supply, but what about the demand side story? Institutions buy for allocation, retail investors buy illusions.