“It is very unlikely for Bitcoin to find momentum to the upside without experiencing significantly higher volatility,” he wrote. You literally can’t imagine a worse set up for disappointment.”What Happened In Silver And Why It Could Repeat For BitcoinPark’s reference point is a silver market that has gone from strong to disorderly. That price action coincided with a staggering surge in trading and options activity across silver vehicles. Again, reminds me of Game Stop in its how is this even possible-ness.”“Paper” Exposure As An AccelerantA common crypto refrain is that “synthetic” or “paper” bitcoin suppresses spot price. Related ReadingExpert Who Nailed The Bitcoin Top Now Says Buy At These Levels 2 days ago“People often blame incorrectly that ‘synthetic/paper’ bitcoin is the cause of price suppression,” Park wrote.