
Crypto & Culture Thought Student | All Things NFT | Reflective Insights on Digital Assets | @Labyr1nthhh_
Joined March 2021
- Tweets3.2K
- Following3.5K
- Followers1.2K
- Likes1.6K
There's a talking head about how the money supply is now evident on the streets through the lavish display of wealth by the select few observing F1 Monaco and Knicks finals ticket.
Reality is that we have had uncontrollable amount of money printing the past few decades, more now than ever. Bitcoin was supposed to be the hedge of this hyperinflation.
The return of roots and narrative for this is imperative as the gulf continues to widen, people sought to find the neutralising factor to bridge the two distance
2
104
In hindsight, if 10/10 did not happen, there can be an alternate scenario where btc could have rebounded and pushed past $125k as an ATH.
As it stands, we were crippled as an industry that has been starved for liquidity by that event, and whilst this current liquidity vacuum due to the capital rotation is valid, what's also valid is that our drawdowns will be different from previous cycles (not 70-90% drawdowns).
There will be a line in the sand after the clarification of the fundamental issues (Quantum) is cleared where BTC prices becomes attractive due to it's network effect
87
When it's all said and done, isn't the fact that bitcoin is still solving blocks year after year with multiple attacks on the network showing it's class of anti-fragility?
What other network can lay claim to this, and why do we forget bitcoin's longevity?
Going forward, quantum conversation needs to be tackled, it is a WIP and forward thinking would be bitcoin network stands a better chance in being quantum resistant than any other networks out there.
50
Chris has been steadfast and mostly provided honest feedback for the past 3 cycles.
These targets remain very relevant now and when the death blow comes, don't get trapped in the moment.
I'm not a buyer yet, but if I were to be a buyer, imo the areas to watch for $BTC are:
~$80K: Nov '25 low, local low of this "bear"
~$74K: April '25 low, Tariff Tantrum low, just below $MSTR's cost basis (~$76K)
~$70K: Top of $50-70K range, near '21 high
~$58K: 200W SMA & on-chain cost basis (RV = ~$56K)
~$50K & below: bottom of the weekly range below, psychological, below this number you would see "death of BTC" calls once again
Importantly, I don't care what happens. If we rally from here, I'll ride what I have and diversify my portfolio, if we fall apart I'll buy more $BTC & select cryptoassets.
121

