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CappyNate🍁
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Tech, money, startups, free-markets. Sidelined by undiagnosed neurological issues since 2020. 🕔 heatstr.vercel.app (Busiest Nostr hours) Banned by LinkedIn Nov 11, 2024.

You absolutely nailed it, which is why I like this scenario so much. A crash of this depth erases the two most prevalent yardsticks newbies use to measure BTC:

-Halving

-Power law/rainbow chart.

Without these, Bitcoiner's will have few metrics left to analyze the market. Their belief structure will be crushed. This disbelief is what is needed for violent capitulatory reversals.

Markets desire max pain. This achieves that.

For $74k to NOT be the top, BTC needs to break ATH very soon. The longer it stays without breaking, the higher likelihood the top is in at $74k.

Current likelihood about 65% top is in, 35% higher to go still.

Bitcoin all-time count. It's completing a 5 wave move since 2018 which means 84% crash is coming.

We just don't know if that 84% crash starts from $74k, $100k, or $150-180k. The smaller timeframes will tell us in time.

Note, $74k meets the criteria for a top. But is unconfirmed still.

Apologies this appears from yesterday April 1. Heavy presence on Hwy 1 at Cochrane AB. About 50 cops cycling in preventing people from blocking 1 lane of traffic.

Solid numbers on MB/SK border. April 2, 2024

#TaxRevolt

#CarbonTaxProtest

#FuckTrudeau

https://m.primal.net/Hqhs.mp4

PERMIT: Pay a fee to be allowed to do something.

BRIBE: Pay a fee to be allowed to do something.

Permit = Legalized Bribe.

Devs are very fickle creatures. Very dumb at a lot of stuff. Very smart at others.

Business brains know WHAT to build, not how to build it.

Devs know HOW to build it, but not what to build.

Unfortunately a lot of Nostr devs are overstepping their area of competency. Which is why the protocol isn't booming as fast as it could be.

I'm in favor of markets. But as an active market participant, I can tell you that markets are FREQUENTLY "wrong".

If they weren't, there would be no money for us to make.

Herded up humans create incredible profit opportunities.

Nationwide Tax Revolt Canada. Today Apr 1, 2024

Lloydminster, Nova Scotia, Ottawa, Calgary, PEI, St Catherine's, and more.

Credit: Shaun Newman Podcast Twitter

#TaxationIsTheft

#CowardOfTheCottage

https://m.primal.net/HqSD.mp4

FTX making bad bets with depositor money is called fraud. ❌

SVB making bad bets with depositor money is called fractional reserve banking. ✅

Break above $74k = Target $150-200k in 12 months.

Break below $47k = Target $12k and misery up to 2 yrs.

Everything in between is basically noise.

Basically coin toss, but I favor red scenario 60 to 40.