> Narrative Control
In both cases, media fueled fear:
Amazon: "Dot-com bubble collapse, unsustainable internet businesses."
$BTC Bitcoin: "FTX fraud, Luna collapse, UST failure = crypto is dead."
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> Price Action
Both charts reflect Wyckoff Accumulation:
Sharp markdowns → fear selling → long, quiet consolidation.
Institutions (Vanguard, BlackRock) accumulate during despair.
> Outcome
Amazon: Rose from ashes to dominate markets.
Bitcoin: Set up for similar long-term breakout?
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📉 Same playbook, different cycle.
What looked like failure was often orchestrated redistribution. Be cautious, but don’t be sheep. Institutions don’t chase hype—they build positions in fear.
🧠 Remember: The loudest fear often hides the biggest opportunity.