The past 2 $BTC cycles saw draw downs around 1.8ฯ followed by up trends around 4ฯ.
We saw yet another drawdown of roughly 1.73ฯ this time.
Has the pattern held since the bottom?
What does this imply about the future?
JUST IN: The percentage of 2026 midterm winners that are pro-crypto has risen to 69.5%, according to Stand With Crypto ๐บ๐ธ
America is embracing Bitcoin & crypto ๐
Bitcoin Will Win. The Only Question Is When. ๐
We talked to @Breedlove22 about the game theory behind Bitcoin's inevitability, and why he dropped diversification for deep concentration.
Timestamps:
0:00 - Cold Open: Bitcoin Is Unstoppable
0:21 - Intro & Robert's Bitcoin 'Aha' Moment
0:47 - Game Theory: Why Bitcoin Is Unstoppable
1:31 - Central Banks Can Only Adopt
2:45 - Diversification vs. Deep Concentration
6:00 - George Washington & the Why of Human Freedom
7:06 - What the World Looks Like in 15-20 Years
7:39 - Finding Your Ikigai Through Bitcoin
This week at Bitcoin Magazine ๐ฐ
- Strategy
- STRC hit par
- Strive
- Bitcoin Amsterdam
- BMTV
- Coinbase
- Tether
- Block
- American Bitcoin
- SEC updates
- BTC in 401K
- Bhutan
- Russia
- Brazil
- Mid Terms
- US Treasury
- Clarity is back
- Rich Dad Poor Dad
- Fidelity
NEW: ๐บ๐ธ Public company Strive disclosed a net income of $509 million and the addition of 28,000 BTC in Q3. ๐
This brought their Bitcoin treasury to 43,124 BTC worth $3.26 billion! ๐
JUST IN: ๐บ๐ธ Coinbase VP of U.S. Policy says "there are more Democrats coming into Congress that are pro-crypto than we have ever seen before" ๐
"We have a very strong track record with Democrats and with Republicans, and we'll continue that in the new Congress."
JUST IN: Look Into Bitcoinโs Head of Research says "if I use one word to sum up Bitcoin, it'd be asymmetric" ๐
"Given the fact that we can put together these amazing conferences and we care so much about an asset that still doesn't even make up 0.3% of global invested capital"
JACK MALLERS AT BITCOIN AMSTERDAM: "#BITCOIN = MONEY + TIME + ENERGY + INFORMATION." ๐ฏ
"IF WE REMOVE ANY OF THESE, WE GET BROKEN MONEY โ MIGHT AS WELL OWN THE EURO." ๐
HE'S RIGHT! ๐
JUST IN: ๐บ๐ธ The White House is now reviewing a new rule which will allow Americans to invest in crypto through their 401(k) retirement plans ๐
The Genesis Book Collector's Edition is live!
333 copies.
Individually numbered.
Exclusive Genesis Block slipcase.
Hand-signed by Aaron van Wirdum.
Once they're gone, they're gone. ๐