What a close @asaph1! 🥶 RSI at 26.72 says bounce at $70k, but talking about $42k tests the nerves. I vote for a technical bounce before any winter. Great debate! 🚀

When the river sounds, it's because it brings stones, and in the crypto world, those "stones" have just sunk Bitcoin below $70,000. 📉 What is happening is not a coincidence; it is the result of a market that got filled with garbage and forgot the fundamentals. Ross Gerber, a guy who knows how to pull the strings at Tesla and Wall Street, just dropped a truth that hurts us all, but that we need to hear: the ecosystem is poisoned.
The fall was not just a "technical" adjustment. Gerber explains that the proliferation of fraudulent tokens and useless meme coins —yes, those that come out by the thousands each day using names of politicians or pets— is sucking up the money that should go to serious projects like Bitcoin. 💸 Basically, we are witnessing a capital flight towards scams that end in "rug pulls", where investors lose their shirts, eroding the trust of our entire community.