
Michael Ford
Core Developer ~ Bitcoin
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‘The rally that wasn’t’: Bitcoin slides 14% in one week as ETF outflows, Strategy sale and oil prices hit sentiment
There's a quiet assumption that doing more with Bitcoin means adding a new cryptographic system or routing value through a bridge. Those paths can add expressiveness. They also expand the security surface: proof systems, wrapped assets, verifier logic, relayers, and upgrade keys. Arkade works w
LATEST: 📈 Standard Chartered says Bitcoin’s low is “almost in” and current levels could mark a buying zone, citing resilient spot ETF holdings and an expected large Strategy buyback.
Too many people think institutions, ETFs, and treasury companies will take care of Bitcoin. That completely misses the point. Bitcoin was built to separate money from states. To give individuals the power to preserve purchasing power using a monetary good that no central bank can print and no ins
Bitcoin has never been through a true economic collapse. Reset. War. It’s never been battle tested. Governments and families don’t care about bitcoin. They care about food, shelter, oil, land, metals, cars, survival. Bitcoin thrives in an upward economy. But when shit hits the fan it doesn’
🔥TRENDING TOPIC: Bitcoin down 50% from its all-time high From $126K to $63K in under 8 months. Three pressures hit at once: ETF outflows at 11 days straight, Strategy broke its never-sell rule, and institutions rotated into AI stocks. Polymarket gives 80% odds $60K breaks before year end. The week
🔥TRENDING TOPIC: Bitcoin down 50% from its all-time high From $126K to $63K in under 8 months. Three pressures hit at once: ETF outflows at 11 days straight, Strategy broke its never-sell rule, and institutions rotated into AI stocks. Polymarket gives 80% odds $60K breaks before year end. The week
AI related equities are irrationally exuberant while bitcoin is irrationally pessimistic. A prudent contrarian investor would be selling the former to buy the latter.
JUST IN: $12 TRILLION CHARLES SCHWAB JUST SAID LIVE ON BLOOMBERG THAT THE #BITCOIN BOTTOM IS IN "BTC IS BACKED BY ENERGY" "MINER COSTS HAS HISTORICALLY SERVED AS A PRICE FLOOR" WALL STREET IS TELLING YOU 🔥
Bitcoin and crypto are making me sad.
