This chart is the premium between GBTC (BITCOIN INVESTMENT TRUST) and BTCUSD on coinbase
As you can see, the premium is at historical low and keeps falling which means that the retail is steadily desinvesting from Bitcoin; however, the price on the exchanges remain above 6k. hence only one possibility, market makers (brokers and other large holders) are artificially maintaining the price of bitcoin above fair market value
As you can see, the premium is at historical low and keeps falling which means that the retail is steadily desinvesting from Bitcoin; however, the price on the exchanges remain above 6k. hence only one possibility, market makers (brokers and other large holders) are artificially maintaining the price of bitcoin above fair market value