BitGolum

[BitGolum @1PreciousBTC]

@Seraphinaf5 71 of course

[nick (Big Wick Nick) @ExitLiqCapital]

welcome to your summertime range bros

61.5k - 71.5k

enjoy

[𝗰𝘆𝗰𝗹𝗼𝗽 @nobrainflip]

2021: the two targets everyone predicted were $100k $BTC and $10k $ETH.

$BTC got its $100k in Dec 2024.
$ETH never got its $10k.

And since 2021 top, $ETH has done nothing but bleed vs $BTC: ratio went 0.086 -> 0.027, lowest in ~10 months.

Conviction has fully flipped. Now it's "$BTC wins, $ETH is finished."

I'm fading that. Here's why the loudest call is wrong again:

Start with what almost nobody frames right: $BTC and $ETH are the same TYPE of asset.

Supply already distributed. No insider unlocks waiting to dump. 10+ years proving neither gets inflated away or rugged.

Almost nothing built after them can say that. These two can. They're the only 2 blue chips.

So this isn't $BTC vs some shitcoin. It's the two clean assets, and the question is which one carries less risk from here.

And rn, $BTC is the one carrying all the open problems.

1/ Saylor.

$BTC has Strategy. $ETH has Bitmine. Same trade, mirror image.

Strategy: 845,000 $BTC, cost basis ~$75.5k. $BTC ~$66k now, so they're ~13% underwater, ~$8B in the red.

Funded by ATM equity + preferred stock that pays dividends in cash ($692M paid out already). And $BTC throws off $0 to cover any of it.

So Strategy services those dividends by selling stock, or eventually $BTC. Market now prices it as a forced seller over every rally.

Bitmine (Tom Lee): 5.5M $ETH, ~4.6% of all $ETH, the largest ETH treasury. Also underwater, same bear.

But it stakes ~4.7M of that $ETH. That spins off ~$270M/yr in real yield.

The asset pays Bitmine to sit there. Strategy pays out of pocket to sit there.

Same drawdown, opposite cash flow. One treasury bleeds to hold, the other gets paid to hold.

That's the whole $ETH vs $BTC case in one frame.

2/ Productive vs dead asset.

Zoom out from the treasuries to the assets themselves.

~33% of all $ETH is staked and earns yield. Stakers get paid, supply gets locked. $ETH is a productive asset.

$BTC just sits. Its issuance goes to miners, who sell to cover power bills.

Furthermore this is $BTC's quiet long-term problem: security budget.

Fees are a rounding error of miner revenue. The block subsidy does ~all the work, and that subsidy halves every 4 years toward 0.

Nobody has solved how $BTC pays for its own security once the subsidy is gone. $ETH doesn't have that cliff: stakers are paid to secure it.

3/ Quantum.

Citi (May 2026) said it plainly: $BTC is more exposed to quantum than $ETH.

~6-6.9M $BTC sit in addresses whose public keys are already visible on-chain. No agreed migration path, slow governance.

$ETH ships upgrades every ~6 months and account abstraction gives wallets a real route to quantum-resistant sigs.

It's not that $ETH is immune. It's that $ETH can move and $BTC can't.

4/ Roadmap velocity.

Glamsterdam lands Q3 this year. Gas limit 60M -> 200M, ~78% cheaper fees, parallel execution opening the road toward 10,000 TPS.

$BTC's inertia is a feature to maxis. It's also why it's carrying every open problem above alone, with no mechanism to fix any of them fast.

So line it up:

- Treasury cash flow: $ETH earns yield, $BTC bleeds to hold
- Forced-seller overhang: $BTC has it, $ETH doesn't
- Security budget cliff: $BTC's problem, not $ETH's
- Quantum migration path: $ETH has one, $BTC doesn't
- Ship speed: $ETH every 6mo, $BTC ~never

Last cycle the loudest call was $10k $ETH. It never came. Consensus ate the L.

This cycle the loudest call is "$BTC wins, $ETH is dead" - screamed at the exact ratio where $ETH stopped going down.

Consensus will eat the L again.

[BitGolum @1PreciousBTC]

@bitcoinjack At least 0.04, possibly 0.044

[//Bitcoin 𝕵ack 🐐 @bitcoinjack]

Read this tweet

It explains why Saylor is doing what Saylor is doing and why he thinks that at some point others will try to do the same, because the printer is hard to escape

There are a limited amount of bets available and Bitcoin succeeded to where it is today because of the money printer

Nothing changed in that regard, which makes it interesting why sentiment is so bad, because the setup for Bitcoin hasn’t changed and is arguably accelerating

Higher prices will come and that sentiment shall flip again

[BitGolum @1PreciousBTC]

@ExitLiqCapital Bilo bi mudro, ja cu probati da prodam plac pored kuće sa istim ciljem. Jel očekuješ sa Bitcoin ide još dole u bliskoj budućnosti?

[mon @moninvestor]

I'll buy Space X after 12 months.

[𝗰𝘆𝗰𝗹𝗼𝗽 @nobrainflip]

what if…

[BitGolum @1PreciousBTC]

@_staticliquid Maybe retest the trendline?

[BitGolum @1PreciousBTC]

@TylerDurden 12-2018

[BitGolum @1PreciousBTC]

@ExitLiqCapital $zec?

[BitGolum @1PreciousBTC]

@crypto_birb $80k of course

[Reflection🪩 @0xReflection]

If you're over 18, read this!

Pin it. Save it. Come back to it in a year

The next 12 months will rewrite who is rich and who is broke for the rest of this decade.

Most accounts in your feed are telling you the worst is behind us.

They are wrong.

Equities are sitting at valuations that historically only show up at the very top - not near it.

And Bitcoin?

The chart still has one wash left in it before this cycle is truly finished.

It will be the kind of drop that turns long-term believers into ex-investors overnight.

The kind that makes "crypto is dead" feel like fact, not meme.

The kind that breaks the strongest hands in the room.

And that right there - is where generational money gets made.

This is what markets always do.

I've watched the same script play out my entire career.

Now read the next part slowly.

If you're already buying weekly in small amounts - keep going.

That's not the mistake.

BTC at current levels is one of the most mispriced assets on the planet.

Steady accumulation here is the right move

But here's where my own line sits.

Below $60K, I stop being patient and start being greedy.

That's when I deploy daily. Every single day. No exceptions.

Until then?

Most of your capital should be doing nothing.

Cash is a position. Right now it's the most important one you can hold.

Sit down tonight.

Write down the 5 assets you'd load if everything was on sale at 40%-50% off.

Flag the buy zones on the chart

Names. Tickers. Tokens. Whatever

Build the playbook now (not in the panic)

The people who walk out of these moments wealthy aren't smarter than you

They had a plan. They had cash. They didn't flinch when the screen turned red

If you found this post, you're not late!

You're showing up before the line even forms.

Here's how I read every cycle.

I don't stare at charts. I watch how people feel.

The signal I'm waiting for isn't a number.

It's when the loudest bulls go quiet. When your group chat stops talking about crypto. When even the diamond-handed start posting goodbye threads.

That's the bell.

Every major reversal of the last decade - top or bottom - is already sitting on this feed with a timestamp.

The day I deploy serious capital, this account will say it first.

Before any newsletter. Before any paid service.

Don't worry though - my system flags the exact moment the market shifts from caution to DANGER.

You'll be warned before it hits, like always.

All you need to NOT miss my next call is to keep NOTIFS ON.

[BitGolum @1PreciousBTC]

@crypto_birb No way, you can only dream buddy

[Younez @Younez_EW]

Bitcoin Higher Timeframe Update🏄
Price is again confirming our earlier expectation: that we have entered the wave B corrective relief bounce.
It appears the internal wave A of this bounce is complete, with room for further upside into wave C.
I continue to target the $100K zone as the most probable turning point for the higher-degree wave C (highlighted in the red box).
The polyline on the chart shows my preferred path for how this development could unfold over the coming weeks.
Structure remains clear. Eyes on resistance and momentum confirmation.🌊🌊🌊
#RTW

[Awawat @awawat]

bitcoin:native trading edges that have decayed:

watching bitmex orderbook
watching bitfinex longs/shorts
buying when cobie tweets up only
"orderflow" stuff
"sentiment"
listening to aggr
SPX/NQ correlation
onchain
monitoring daily ETF flows

not fully decayed yet:

stalking saylor
tailing option positioning
IBIT gex/Deribit gex
simple moving averages
buying the rare huge liqs
balls tingling

[Dentoshi @Dentoshi]

Only a few Altcoins have;

- Good EMA structure
- Above Y/O
- Constructive PA

Expecting slow summer with chop/down (depending on macro/ $ES) but a few outperformers that put in good structures earlier than others.

[BitGolum @1PreciousBTC]

@greybtc Looks like solana:ED5nyyWEzpPPiWimP8vYm7sD7TD3LAt3Q3gRTWHzPJBY

[Algod @AlgodTrading]

My liquid exposure is $tao $fai and some $btc

Many people have been reaching out but dont have much interest to allocate elsewhere

I rolled the dice, lets see if it will work out or not

[BitGolum @1PreciousBTC]

@PARABOLIT Thanks king - 5GcnKMjKPMm5tFMExv8kkRKegQwsvgtQzWqeHYW5KFKE