I like explanations of price.
I know it's mostly just mumbo-jumbo and reading tea leaves, but it leaves me very annoyed when prices move for no obvious, rationalized reason. So people explaining what's up gets all the praises from me.
and loooook at that liquidation:
What goes up, must come downWhat goes up, must come down
Today’s piece is going to lay down both the good and the bad news, because this all-time-high break is a little bit too quiet for my liking…
Agree with that... very terrifyingly quiet. No lambos, no calls from family members, no angry rants from journos.
as it stands, we have left an ‘air-pocket’ between $111k and $117k, which may act as a magnet for the price if we run out of steam.
The key takeaway from all of the above charts is that we have fully flushed out this batch of shorts, and we’re now in a market where everyone feels confident going long, increasingly with leverage.
teeerifying
Hashtag, the Bitcoin Fermi paradox
AAAANd look at that spot volume... just dying
Isn't the new cycle that we get a pump for ants and then consolidate for ~6 months?
Would be funny if we consolidated now at $120k for 6 months.
Then blasted to the next fibonacci levels at $147k at the announcement of rate cuts, new Fed chair etc.
It would be boring, but hey...
I've been wondering at what price we do start to see attention shift. Or is that just over. Is it just all to boring and its just the true bitcoiners and elites or tradfi people that care now. Traders...
Either way, I don't care. I'd rather see slower price discovery.
Incidentally over the past few months I have been hearing more really bad takes on bitcoin and crypto. Bad because they lump the two together. Bad because they are right about crypto in some ways but completely missing the difference. They will say things about crypto that are only true of bitcoin as well as the inverse.
I keep coming back to my theory that its over. The bitcoiners have been discovered and now its the elites/traders buying in. The masses will not get it until they are told its ok by authority figures and influencers they trust. I'm slowly coming to the realization that they will get what they deserve. Their lack of curiosity will be punished and there's nothing we as bitcoiners can do about that. We just need to take care of ourselves and our families. Become strong beacons of a better path forward. They will have to work hard for their bitcoin. Everyone that ignored us will.
Wow, that's quite dark, man. On the contrary I made an overview of bitcoin ownership recently and looks to me like boomers are hardly in the game. That said they can get in, but at the cost of making everyone that is already in (much) richer.
That's all the legal route, of course. Looking at United States for example most of the bitcoin reserve(~200k) was seized(stolen) from Silk Road, Bitfinex, FTX. And there's the infamous order 6102. I'd worry about that more.
Bitcoin was long overdue to pump, so it pumped. But everytime we're seeing that one of the OGs start selling to take it back down.
There are reports that someone from 2011 era has sold 20k Bitcoins.
It sounded like the exchanges were running low on bitcoin.
Reminder that stock is mostly fixed but supply is not
That "air pocket" seemed to hold true at the 80-90k region when the price dropped after liberation day. I'm not sure if the pocket always needs to be filled or not, but I like tea leaves as much as anyone else.
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Bitcoin jumped in recent days due to a powerful combination of institutional buying, regulatory clarity, and bullish on-chain signals.
ETF inflows are the main reason
Bro, this post nailed the mood perfectly. That eerie silence after an ATH hit — no lambos, no normie panic calls, no media hype — it's too calm. Parang we're in the eye of the storm. 😬
The “air-pocket” between $111k–$117k gives me flashbacks of trap zones from previous cycles.
Spot volume dying while leverage climbs? Terrifying combo. Feels like we’re tiptoeing on a glass floor.
Totally agree — explanations like this are gold, even if half of it is tea leaves and vibes. Better informed paranoia than blind euphoria. Hashtag Bitcoin Fermi Paradox, indeed. 😂