Why Nobody Trusts the Bitcoin Rebound (And Why That Is the Point)
For four years the market assumed the biggest corporate Bitcoin holder would only ever buy. This month it paused, and filings showed it sold a $216M sliver. Everyone braced for the floor to give way. It didn't. Price climbed back to $64K while the Fear and Greed Index stayed pinned at 28. That gap between price and belief is the whole story, and it comes down to one line Wall Street would rather you didn't think about: access is not ownership.