As we have seen, MicroStrategy’s buying or selling of Bitcoin no longer has a significant impact on the market. Personally, I am happy with this development, which I consider a very good and healthy thing for the market.
For a decentralized market like Bitcoin, it is not at all beneficial to be linked in any way to any company, institution, or government. Bitcoin must be completely decentralized, remaining unaffected by the buying and selling decisions of any company, regardless of its size.
I think every investor is beginning to understand that bitcoin is not dying anytime soon and should not be controlled by a single individual and also, this has helped reduce the deciet that these institutions play and how they control the market price. I think that bitcoin was able to go past that stage of institutional control because, even when institutions start selling, individuals no longer panic and sell, instead they intensify buying because they now understand that the institutions try to initiate panic and when the price starts going down due to massive sales, the institutions /whales buy back massively and get the price high again, leaving the poor investors in losses. Bitcoin is gaining more adoption because investors are beginning to understand some of these tricks that institutions use to play.