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2026-02-23 08:23:02 UTC

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