$BTC Today there are still so-called experts saying that Bitcoin will pull back to $75,000 within a week. I want to make it clear: this is impossible. The reason for my judgment is simple: the market supply and demand relationship determines the price.

First, we need to understand who will sell Bitcoin. Only desperate and naive retail investors will sell; anyone with a bit more sense will not sell. Currently, there is an unspoken consensus that Bitcoin will break $100,000 this year. If the U.S. declares Bitcoin as a strategic reserve asset, then within three months, one Bitcoin will surpass $500,000, and a year later, it will exceed $1,000,000. With such a significant upward trend, naturally, no one will sell Bitcoin.

Second, who owns Bitcoin? Most of it is held by institutions, with over 97% of retail investors not owning more than 0.1 Bitcoin. Institutions are extremely smart; they know better than anyone how beneficial the rise of Bitcoin is for them. Getting them to sell is harder than digging up their ancestors' graves. There aren't many retail investors, so they can't crash the market. To drop to the $75,000 price level would require a major sell-off, and there are many sidelined funds waiting to buy in.

In summary: Since no one is selling and everyone has demand, the only option is for prices to rise, and it will be a continuous upward surge without major pullbacks.