
In a missive dispatched via the modern-day samizdat known as X, Max proclaims that never in the annals of bear markets has Bitcoin dared to print more than two consecutive green candles. March and April, with their modest gains of 2% and 12%, respectively, have been but fleeting moments of warmth in an otherwise glacial landscape. Yet, with the irony of a dissident’s joke, he notes that May, historically weak and awash in liquidity, may yet deliver the cold slap of reality. Bitcoin, ever the contrarian, has already risen 6% this month, reaching the giddy heights of $81,000, a multi-month high that has sent optimists into paroxysms of hope. But Max, ever the skeptic, reminds us that the bear’s claws remain sharp, and the current rally may be nothing more than a liquidity grab, a fakeout as transparent as a Party official’s promises.