Source item

2/5 Yes, we saw a marginally higher high in Oct 2025 ($126k), but it was a "zombie rally." It looked like a breakout, but it was just residual momentum. The smart money riding the institutional adoption wave had begun exiting in Dec 2024. Stop chasing a ghost. https://t.co/ZxQDkJ7VCY 3/5 This explains why "good news" isn't moving the price. Kevin Warsh speaking? Walmart accepting crypto? Nice stories, but priced in months ago. Even old correlations—dollar debasement & tech stocks—are failing. The market has discounted the "adoption" story to zero. https://t.co/EZeVEmIrpt 4/5 Winter continues until a new narrative emerges. It won't be about institutional permission. It will be about replacement. The next leg up belongs to builders creating an alternative financial system (BTC/DeFi/Stables) that makes legacy finance irrelevant. https://t.co/Wrpgf1K45m 5/5 Don’t get excited if Larry Fink likes you. Work to take his business away from him. https://t.co/snRaPCsaYC It will be hard, but: A South African outsider didn't ask the aerospace establishment or Detroit for permission. He just rendered them obsolete. 🚀 @elonmusk