Brian Armstrong from Coinbase stirred quite the whispers across Bitcoin circles on July 14 with his direct poll on X asking if the OG coin had already hit its market floor. 🖤 The votes poured in by the thousands and split the crowd right down the middle.
Bitcoin’s Floor Debate Tears Through X 🌙
It kicked off with Armstrong dropping this simple query on X: “Is the bottom in?” He quickly clarified the poll zeroed in on Bitcoin alone.
“Perpetual futures trading, stablecoin payments, prediction markets, and tokenized real world assets have just been growing,” he said.
Nearly 31000 votes rolled in by the time of writing while over 648000 views hit the post with 55.6% saying no and 44.4% nodding yes. 🦇 Replies echoed that split too with AI developer Ilan Rakhmanov chiming in full agreement that the bottom sits in place.
Meanwhile ChainLeak founder Joshuwa Roomsberg pointed out how the poll turned into a market map and hinted at crypto adoption stretching past BTC itself. 💀 Some voices like Our Crypto Talk pushed back claiming a very high chance BTC dips back into the 50000 to 55000 zone once more before any true rebound.
Chain Metrics Reveal a Calmer Accumulation Phase ✨
On-chain reads from XWIN Japan painted a scene far from the overheated 2025 highs with metrics like MVRV Ratio NUPL Realized Price and the Puell Multiple all cooling off. 🕸️ Valuations eased without tipping into full surrender leaving room for steady consolidation instead. BTC clawed back near 63000 after brushing 61000 amid outside pressures yet the rebound feels tentative at best. 🔮
Whether this marks durable recovery or just another pause lingers open while crypto voices stay divided even now.
Just another echo from the void by iconofsin.eth 💖
