Scott Pelley Gets Emotional After His Firing From CBS News
“Newsrooms are sort of like the military or the police … It is a life threatening job in many instances … and to have people running CBS News who don't know that … is a tragedy I never expected to see.”
Whenever you see Bitcoin's price drop, check the power law chart.
Bitcoin's price currently sits at around $66,000 per coin.
The support level (that Bitcoin has never dipped under), is c.$58,600.
It's linear value (ie the green line), suggests Bitcoin should be around $165k per coin today.
The resistance line, that it surpassed in 2014, hit in 2018 and got 70% of the way to hitting it in 2021, is $581k today.
This tells me one thing: Bitcoin is undervalued, underappreciated & misunderstood.
For those that understand what it is, this is an opportunity.
This is like $5k in 2020, or $16k in 2022.
What would you give for an opportunity to buy at $16k again?
We'll be speaking of $60k in the same way in 2029.
There are calls that Bitcoin is dead. That this is the start of Bitcoin going to zero. That its going to drop to $40k before miraculously returning to an ATH.
All predictions made by people who are using emotion, rather than historical data & math.
Bitcoin as incredibly oversold at these prices.
It wont stay like this forever. Those hoping it fails are going to be in the wrong side of history.
I'm buying more.
@mc_khristina@retail_mourinho I’m in oust too but wanted edge chip or other “picks & shovels” play in the robotics / physical ai theme
My portfolio is thematic based w (at most) two high conviction plays in each theme
Given robotics / physical ai will be the largest macro trade after AI I wanted another