I believe that with the "Sovereigns", or the "Nation-States", formulating their plans on how to buy/how much to buy Bitcoin, the people behind the smaller Sovereigns are probably deciding whether to buy or not.

What's the point of this? The actual point is that the game theory behind Bitcoin ownership has changed. Those smaller Sovereigns SHOULD buy, or they lose to the Bitcoin Game to Sovereigns that HODL. We, as individuals, who have already bought Bitcoin should probably keep owning it until we see an actual top.

The top? That's probably when Bitcoin's total market value is more than Gold's total market value.