@CalebFranzen For his graph to make any sense. It should also include the cycles tops from the 2018 cycle. This is actually a useless analysis without that.
@hillery_dan@TimKotzman In almost every selloff, people talk about and predict where the buyers will come from. And every time it’s actually just about waiting for the sellers to get exhausted. Probably already mostly there. Yeah STRC will go to par when the sentiment shifts to a confirmed bottom.
@heyitsyashu How about the government spend zero on both? How about Canada focuses on building an economy where the private sector does the allocation.
There’s always a hotter trade pulling capital. SaaS, EVs, cloud, now AI labs and private IPOs. But that’s exactly how rotations work, not evidence that Bitcoin must “embrace reserve status” until a handful of lockups expire. Every cycle has had its flavor of the month. The marginal dollar rotates; it doesn’t get reassigned. BTC clears these tests when absorption returns at the level, same as always. Btc has its popular trades too. Treasury companies. ETFs. Some stocks benefit from multiple narratives and always get a bid. As BTC gets more powerful that bid gets stronger.