The CLARITY Act is bullish for America, not for Bitcoin.

I will explain the logic that allowed me to start in 2013 and reach 2026 with several times more Bitcoin than I began with, along with realized profits that paid my student loan and bought me everything I have today. Before 2017, the fear around Bitcoin was enormous. Compared to those days, today’s fears about wars or geopolitics are negligible. Back then, Bitcoin could have died at any moment, and it wasn’t just meaningless FUD - the risk was very real. The price dropped from $250 to $100, and everyone started calling for $25. Then it fell to $50, and those who predicted $25 were celebrating. Weeks later it was back at $200. You can always wait for a cheaper price, but that often carries greater risk than missing a discount. Back then I bought at $100 and $50 (using credit). Later, when it went above $100, I sold some because I needed to manage my debt. This logic helped me buy many bottoms over time. Those who waited for $25 never bought back - not at $100, not at $200, not even at $400. Many of them became angry and started to hate Bitcoin. I’m not trying to argue with anyone who thinks differently. But if $60K was the bottom - which I believe it was - missing this moment could eventually turn into resentment toward Bitcoin. And that would be a very unfortunate position to be in when the world is going to be dominated by Bitcoin.

Let’s assume you are a large institution, a major whale, or even a country that wants to enter Bitcoin. You begin by studying how to do so. Your initial research reveals two major problems. First, Bitcoin has a limited supply, which means you cannot enter without causing a significant price spike that would later turn into retail euphoria. Second, you realize that Bitcoin is not just an asset, and its investors are not merely profit seekers. It is a community. A significant portion of holders are believers, non-rational players who view Bitcoin as something more than a traditional asset. You quickly understand that a large share of existing Bitcoin is out of reach because of these two factors. That leaves only the Bitcoin held by profit-seeking investors. You recognize that this is the only supply you can realistically acquire. Fortunately, this group is an easy target. Its psychology is well documented throughout history. All you need to do is disappoint them in the asset they hold. That’s easy, because they judge value purely by price. To shake out this group, only two steps are required. First, you deliberately push the price down - even at a short-term cost to yourself. If you manage to break below a level the market has collectively accepted as a “threshold,” fear takes over and continues the work for you. The second step is capital rotation into a competing asset. You identify assets the market views as Bitcoin’s main competitors and shift capital there, destroying Bitcoin’s narrative for profit seekers. During this phase, price moves sideways within a defined range and appears stagnant. In reality, heavy selling and buying are taking place - a process known as “changing hands.” Once this redistribution is complete, the market returns to normal conditions.

I’m talking about prolonged cycles. Human psychology remains consistent over centuries. What I’m referring to is AI, which affects liquidity cycles. The main difference now is that people are smarter - equipped with AI and everyone has access to perfect information. If you’re good at modeling, just input these conditions and see how the output changes.

He says that Bitcoin made this week’s rally without MicroStrategy buying anything.