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Bitcoin has a way of turning numbers into memories.
You remember the first time it ripped through a round number, $10k, $20k, $100k, you remember the mood shift when it stops rewarding optimism, you remember the quiet weeks when every bounce feels like a trap, and the loud ones when it feels like the floor has vanished.
This cycle’s defining memory is going to be $126,000.
That is the high I anchored on, the moment the tape stopped behaving like an uptrend and looked more like a distribution.
I laid that…
