The new FUD is now the “psychological resistance at 100K.”

But let’s be real: 10K was a much more significant barrier. And what happened? The price hit it and bounced back.

MicroStrategy (MSTR) has the power to push BTC to 120K in a single day if they choose to. After all, MSTR has outperformed BTC (and the BTC it holds) many times over by continuing to issue shares and accumulate more sats.

This is starting to look like a financial black hole, and that’s where the fear lies.

The real FUD should be: “If the U.S. decides to sell half of its gold reserves to buy BTC, what happens to BTC’s value measured in gold?”