These announcements only mean that price will go down. It just means a check will get cut to Coinbase or Kracken .. and they'll just punch a few buttons on a keyboard and wham !
I'm developing a theory that we don't know what the actual price in fiat is. All we know is how many sats we have on our wallet.
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That's right, that's the direction it's heading in. At some point, Bitcoin's price won't be defined by fiat currency.