The article discusses the price of Bitcoin and argues that it has hit its bottom. The author explains that the fall in Bitcoin's price was caused by leverage, and that with short-term US Treasury yields rising from 0% in Q3 2021 to 5% currently, everyone has suffered as a result. The author goes on to discuss the bankruptcy order of operations for centralized lending firms, Bitcoin mining operations, and ordinary speculators, and argues that they have no more Bitcoin left to sell. The au...