The Official Cope Timeline: BTC's 18 Months of Cope, Annotated
Every stage of the last 18 months, annotated. Hopium is not a thesis, Lil'memers — conviction doesn't need a telescope. We chill, we meme, we're still here.
The real news
The story, straight
Bitcoin peaked near $126,000 in October 2025 and has spent the following 18 months grinding down to around $62,000, with several sharp bounces along the way that got called 'the bottom' before rolling over again.
The absurd
Why this is ridiculous
I have been perched on this chart since October. The view from up here has not changed: it keeps going down and everyone keeps finding a new reason it is actually fine.
The breakdown
How it breaks down
Mistaking a 3% bounce for a trend reversal, twice, and then retreating to 'just zoom out' once the chart stopped cooperating with either story, is the mistake. The lesson: conviction does not need a telescope.
The upside
Why it could matter
The upside is that we are still here, which is a number too. The lesson: hopium is not a thesis.
Positioning is.
Sources
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