Old rule: narrative follows price.
We’re in the “Bitcoin is dead” phase of the script, eulogies, scam talk, and capitulation, right before the Clarity Act Bill is set to pass, a classic case of emotion and backward‑looking stories overpowering logic and forward policy reality.
It’s textbook market psychology: price collapses first, emotion and narratives rush in to rationalize the move, and only later does the structural catalyst arrive that will, in hindsight, make this washout look like a fantastic buying opportunity.
Rinse and repeat.
Have a nice day.
Roger Ver was there for me when I was down and needed help. Now Roger needs our support.
No one should spend the rest of their life in prison over taxes. Let him pay the tax (if any) and be done with it. #FreeRoger
If you need the permission of another human, you're not free or independent.
Happy independence day- to everyone who actually isn't, and to the every few who actually are.
If you don't already, I recommend giving @lopp a follow. For years, his high quality research has operationalized the cypherpunk ethos in an admirable and very practical way.