$BTC #Looking at Bitcoin's long-term decline, and the reasons for the major crash, Bitcoin has risen 7 times from the bottom bull market distribution line of 16,000 to 110,000. Although institutions are buying a large amount of Bitcoin and Trump is wildly supporting it, in my opinion, this is not a good sign; rather, it is the worst sign. Bitcoin has a trillion-dollar market value, and the distribution of chip addresses is very uneven. Institutions are just passing the parcel. They use good news about institutional utilization to pull up super capital behind the scenes. If it is a bubble, there will always be a time for it to burst, including the most valuable gold, world-class apples, Nvidia, and the dead cross in the US stock monthly line, which breaks the low volume point. Bubbles cannot last forever, including in the United States.