Over the past three months, Bitcoin has revealed something peculiar about the market:

Bitget breach = Rally
Gold crash = Rally
Silver crash = Rally
Ledger crisis = Rally
Outflows from ETFs = Rally
Interest rate hikes = Rally
Quantum computing fears = Rally
Delay of the CLARITY Act = Rally
Negative funding rates = Rally
Billions in position liquidations = Rally
Regulatory tightening = Rally

Whenever new reasons for fear emerged, the market refused to behave as everyone expected.

But the question worth considering is:

Is the market stronger than the pessimists believe, or are traders confusing resilience against negative news with a guarantee of a continued rally?

$BTC