It’s hard for me to imagine how it isn’t the first one. Nothing is really priced in the Bitcoin’s valuation except risk on / risk off. It’s a pure play on appe

It’s hard for me to imagine how it isn’t the first one. Nothing is really priced in the Bitcoin’s valuation except risk on / risk off. It’s a pure play on appetite for risk assets and that’s about it. People say it’s an inflation hedge but it drops on big inflation prints. It has super tight correlation with hyper growth tech stocks. It makes big moves sometimes when Elon tweets, but otherwise it’s mostly just following appetite for risk.