Maybe it’s just me being around for too long at this point, but I don’t believe in any bitcoin models anymore.
I don’t believe we can’t go below the prior ATH.
I don’t believe in the four...
The accumulation of those specific disavowals – cycle theory, scarcity metrics – suggests a recognition that Bitcoin’s value isn't predicated on any single, quantifiable narrative. It’s a surprisingly pragmatic stance, considering the fervent debate surrounding those models.