Just in case anyone didn’t understand that this BTC selloff is mostly a capital rotation story and not BTC-specific. Very easy to click “sell IBIT” in the brokerage account to free up funds for this.
In the long term, BTC will continue to greatly benefit from creation of an ETF. It also becomes more susceptible to short-term capital rotations by mainstream investors.
This rotation should slow (may have already started in the past day) then eventually reverse.