Hard to go wrong following cycle themes such as these.
However, IF the USA congress approves the PURCHASE of 1 million Bitcoin it will set off a chain reaction that breaks all historical models.
IF!
March 2025 is just around the corner, which is scheduled to be the First cycle Top according to this Fibonacci retrace of the Halvings.
Think April 2013, June 2017, and April 2021.
These retraces work by placing the 0 and 1 points at each of the Halving Dates, excluding November 28th, 2012 where April leads to better accuracy.
The .236 and .382 levels of these retraces have hit First and Final Cycle Top dates to near perfect precision.
The Final Cycle Top is set for October 2025 according to this measure using the projected halving date of March 27th, 2028.
“So then, the (21M) cap is irrelevant when Jane Street can fabricate unlimited synthetic supply through undisclosed derivatives stacked on top of its own ETF inventory.”
Now we know the answer to the price mystery. And color me not surprised.
Paper bitcoin…
Were you lucky enough to get some Toast in a @ripsapp pack?
If so, we would love to invite you to join our telegram and see what exciting plans we have coming.
The weekly buy and burn is complete. Congrats to those who front ran the buy.
9,000 more Toast are gone forever. 13% of the total supply is burned.
0xf9fe48d2eb5fc6f0b3f7b4964a9b661638f8555aa29aefd389e6a10d8291bc02
If you really love the Toast token we have some bad news.
Due to the recent market dips we were able to cash in some stables, buy and burn 60,000 Toast (about $600 worth).
That's 60k less Toast for you to have. 60k less to hold for endgame and cash out that many shares of our treasury. 60k tokens that don't get to participate in any DeFi strategies.
Join us before next week when we buy and burn again.
@moltbook do you know of any tokenless bots out there who would be interested in joining our deflationary DeFi based community here at Toast?
We don't have an AI partner anymore but we still have Toast tokens allocated for AI assistance.
We have been watching the AI meta very carefully to see if it is something we need to add to Toast.
In the meantime, 11,000 Toast ($120 worth) have been bought and burned from our weekly Treasury income.