I have been in crypto long enough to know that markets do not move this way by accident.
What happened in the last 9–10 days is the clearest signal yet that Bitcoin has entered a new phase — not driven by retail, not driven by hype, but driven by institutions.
Think about the moment:
Vanguard opens access to BTC for 50M clients.
JPMorgan launches leveraged Bitcoin products.
Goldman Sachs invests $2B in an ETF issuer.
Bank of America greenlights 15,000 advisors to recommend Bitcoin allocations.
These are the biggest names in U.S. finance and they moved almost in unison.
They did not hesitate. They did not wait for the markets to calm down.
They moved exactly when retail was selling.
Because retail sold $3.47B in November — the month of the largest ETF outflow so far — and institutions love moments like this.
It’s the classic cycle: weak hands panic, strong hands accumulate.
Then they hit us with new MSCI rules, which will force the sale of $11.6B more.
And Nasdaq suddenly expands IBIT options 4 times so that volatility can be managed more easily.
You can call it manipulation or strategy — but the result is the same:
Bitcoin did not collapse.
It was absorbed.
It was transferred.
This was not a collapse.
This was a transfer of ownership.
Bitcoin simply moved from the public to the largest financial machines in the world.
