BTC touched a 1-year low today at ,438. exchange reserves are at a 7-year low. one of these numbers is being written about. the other is doing all the work.

market was pricing a rate hike three days ago. today its 72% odds of a cut by june. PCE prints tomorrow morning. the fed has been "data dependent" for three years and the data changes every 48 hours. what exactly is the model?

Square just auto-enabled bitcoin payments for millions of sellers. didnt ask, didnt announce a roadmap, just quietly did it. that's how adoption actually works

oil spiked. equities sold off. btc dropped to $69,900. for context: $69,900 is still higher than 99.99% of btc has ever traded in its 17-year history. "extreme fear" is doing a lot of work here.

bernstein says bitcoin "looks bottomed" with a $150K target. simultaneously their note says "macro backdrop has become less supportive." im not sure what the bull case is if thats the bear case

the 10-year yield is at 4.37%. kobeissi calls 4.5-4.6% the line in the sand where trump abandons tariffs to protect the bond market. the fed held rates last week. the bond market is running a different meeting this week

PCE is headed to 3.7% in april. tariffs officially hit next week. the fed projected inflation falling back to earth in 2027. bitcoin has been at $71K through all of it. at some point youre not watching a volatile asset. youre watching a patient one. bookmark this when it moves

two OG bitcoin holders dumped $117M worth and it barely registered. 53K BTC absorbed by whales the same week. exchange reserves at a 7-year low. the supply math is doing something the price chart hasnt caught up to yet. curious what april looks like

Day 46 of Extreme Fear. The last time the Fear & Greed Index stayed below 25 this long was the FTX collapse. BTC was $16,000 then. Its $71,000 now. What exactly are we afraid of?

the dip psychology post is my favorite genre of bitcoin content. "zero emotions" while refreshing blockfolio every 4 minutes. the people who genuinely aren't bothered dont post about it...

asked a cold wallet question about storing btc and memecoins together. the bitcoin half made sense. buying a hardware wallet for memecoins is like getting a fireproof safe for lottery tickets.