Pleb UnderGround
This has never happened in any previous cycle
- Bitcoin price sitting at ~$72,900 with conflicting forecasts ranging from $54K (bearish) to $85K (bullish), reflecting schizophrenic market sentiment.
- Historical analysis showing Bitcoin's monthly RSI at bear-market bottom levels—a pattern that has never occurred simultaneously with a sustained super-trend in previous cycles, suggesting potential unique market structure.
- Debate over Bitcoin-to-global-liquidity correlation: the traditional relationship has broken down over the past 10 years, challenging assumptions about predictable macro relationships.
- Nakamoto (corporate Bitcoin holder) discontinued their public "Bitcoin per share" KPI dashboard, signaling that marketing metrics matter less than actual business fundamentals like revenue and cash flow.
- Analysis of stablecoin regulation: U.S. stablecoins publish monthly attestations and comply with strict asset-backing rules, yet are labeled "private money risks" while traditional institutions face no equivalent scrutiny.
- Introduction of phase-three Bitcoin adoption (2024 onwards): characterized by high-speed propagation and claimed to be significantly more volatile than the stable-propagation phase (2014–2024).