Mark Moss notes that Bitcoin's price didn't drop after major security breaches, including the largest ColdCard hardware wallet hack. He argues that when bad news stops moving the market, it signals a bottom. He's bullish on Bitcoin.
We have just seen in the last couple of weeks some pretty terrible things happen in the Bitcoin space. We saw one of the largest attacks on self-custody, the largest hacks on, on, on hardware wallets, ColdCard, and the price of Bitcoin didn't even go down. Markets stop going up when there's no more buyers. They also stop going down when there's no more sellers. We're at this point now where bad news is not affecting the price. That looks like a bottom to me, so I'm bullish.
