The weird thing about $BTC at 65k is that it’s basically the same price range as 2021, while the world around it moved 10 steps forward.

Tokenized stocks/RWAs, stablecoins everywhere, banks and funds leaning in, governments talking regulation instead of bans, corporates starting to add crypto to balance sheets.
That’s why 200k+ honestly feels more logical than 65k.
But short term price isn’t logic, it’s leverage and macro stress. Long term, fundamentals usually catch up.