Bitcoin: 21 Million Cap Redefines Digital Scarcity

Bitcoin remains misunderstood by most traders who fixate on charts instead of its core properties as digital scarcity and self-sovereign money, according to @cas_abbe.

The network caps supply at 21 million coins, runs across thousands of nodes without central control, secures every transaction via cryptography, halves new issuance every four years, and moves value across borders without intermediaries or permission, features that first enabled real-world use during the 2010 Bitcoin Pizza Day purchase of 10,000 BTC.

Bitcoin trades at $77227.75 inside its Bollinger Bands on the 4h chart, pressing near EMA50 resistance at $77236.35 while EMA200 sits at $77300.71, RSI(14) registers neutral at 54.37, and MACD prints a bullish golden cross at -34.07, pointing to consolidation before any test of upper band resistance at $78279.76.