$iShares Bitcoin Trust(IBIT)$ Shorts have a problem. Happens every cycle and this cycle is way different. Expected future demand on the stock to flow model far exceeds the very limited supply as this phase 4 cycle plays out and as it continues to be chewed up daily just by the US ETF's.
Won't be surprised by a move to $600k as many of the top macro analysts are now saying I'm this cycle. Oh, and Ken, you can search all those pesky analytical terms and tools we use.
Like stock to flow models and why the macro picture stands where it does. Wouldn't want you thinking the smart sticks are fogging our minds.
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