DWOLFBTC on Nostr: #bitcoin narratives that are not correct We haven’t had a bounce since October 10 ...
#bitcoin narratives that are not correct
We haven’t had a bounce since October 10
Incorrect! As bad as October 10 was the market recovered very quickly. The news broke of kalshi predicting bitcoin falls under 100k were then hyped by Bitcoin magazine. Within 24 hours this occurred. Same as the 80k drop
Bitcoin then rebounded on fresh news the clarity act was going to be voted in to $98,000 then we are now in the result of Brian Armstrong doing. So we did have a bounce
Hashrate is collapsing
Incorrect! As it stands miners are in full tier god mode at 1.1 ZHs now this was 30% lower due to cold weather snaps that miners switched off to balance power. Hashrate all time high is 1.4 ZHs currently 1.1 in electricity terms that’s around all time high
Liquidity is being pulled from the Bitcoin market
Simply pull the 1 month chart on everything and you’ll see the exact same pattern. #bitcoin normally over extends the global snapshot…. There is plenty of liquidity to rotate in. Bitcoin will then over react upwards as it always does
Bitcoin isn’t what it used to be
Incorrect! You’re all very new to #btc and most of you have little knowledge on how it works. You’re trying to fit a circle into a square …. Bitcoin isn’t a stock, software, etf or bond. It’s not tradfi…. You’re all trying to read English but you’re in maths class. Bad Bitcoiners
When do we go up again?
Well that’s up to you and supply…. Liquidity is the bullshit narrative, supply is the on chain metric.. bids! If the market is bidding 69k and it’s there itll strike. If the markets bidding at 69k and no sellers want it… then bids raise to 75k… no how about 90k, still no sellers, how about 150k ahhh there we go
Bitcoiners aren’t doing their jobs, whether it’s good education, utxo management or basic buy the dip
The narratives are coming from Bitcoiners, not no coiners and not the haters
That…. Is why you’re market raging… most of u screwed yourselves
Hopefully u still believe in Bitcoin as It certainly doesn’t know you exist and will rise very broadly
Published at
2026-02-23 08:23:02 UTCEvent JSON
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"content": "#bitcoin narratives that are not correct\n\nWe haven’t had a bounce since October 10\n\nIncorrect! As bad as October 10 was the market recovered very quickly. The news broke of kalshi predicting bitcoin falls under 100k were then hyped by Bitcoin magazine. Within 24 hours this occurred. Same as the 80k drop\n\nBitcoin then rebounded on fresh news the clarity act was going to be voted in to $98,000 then we are now in the result of Brian Armstrong doing. So we did have a bounce\n\nHashrate is collapsing \n\nIncorrect! As it stands miners are in full tier god mode at 1.1 ZHs now this was 30% lower due to cold weather snaps that miners switched off to balance power. Hashrate all time high is 1.4 ZHs currently 1.1 in electricity terms that’s around all time high\n\nLiquidity is being pulled from the Bitcoin market\n\nSimply pull the 1 month chart on everything and you’ll see the exact same pattern. #bitcoin normally over extends the global snapshot…. There is plenty of liquidity to rotate in. Bitcoin will then over react upwards as it always does\n\nBitcoin isn’t what it used to be\n\nIncorrect! You’re all very new to #btc and most of you have little knowledge on how it works. You’re trying to fit a circle into a square …. Bitcoin isn’t a stock, software, etf or bond. It’s not tradfi…. You’re all trying to read English but you’re in maths class. Bad Bitcoiners \n\nWhen do we go up again?\n\nWell that’s up to you and supply…. Liquidity is the bullshit narrative, supply is the on chain metric.. bids! If the market is bidding 69k and it’s there itll strike. If the markets bidding at 69k and no sellers want it… then bids raise to 75k… no how about 90k, still no sellers, how about 150k ahhh there we go\n\nBitcoiners aren’t doing their jobs, whether it’s good education, utxo management or basic buy the dip\n\nThe narratives are coming from Bitcoiners, not no coiners and not the haters\n\nThat…. Is why you’re market raging… most of u screwed yourselves\n\nHopefully u still believe in Bitcoin as It certainly doesn’t know you exist and will rise very broadly",
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