To people who say that I flip flop on Bitcoin's price:
I have been bearish for 6-8 months on bitcoin.
I'm not entirely sure how you missed that unless you just read the title of my videos and don't watch?
I am now bullish as my conviction has changed
πππ
Inflation actually got worse. If you apply the govt's new measurement system of PCE inflation we actually saw a 0.3% increase month over month, as compared to what would've been July's 0.1% increase under the same new system
I bought the BTC that I wanted at $64k
I got the CRCL that I wanted at $68 (and looking to get some mroe aafter a quick small trade)
And I'm still building much smaller positions and average prices in CARDS and ARGUS (Argus being the riskiest gamble)
@yuva213 it has been! But this PCE pump today might be the final breaking pump
will be very interesting to see if BTC keeps following ETH/SOL moves now moving forward
Asssuming this rally this morning has staying power
Whatever gold has done since Oct 2025, bitcoin has largely copied 2-3 weeks later. That would imply we should go down BUT the 3-month charts of both assets tell VERRRRRY different stories. And major altcoins like ETH & SOL have already started to chart their own paths. So who
@sdchtdcv Been getting stopped out more so recently that's very true and had my big loss the other week
But it does look like BTC is finally detaching from Gold here ^__^
PCE inflation coming in soon!
Core PCE is expected to hit 3.4% year over year, up from 3.3%
But the BEA changed how PCE inflation is measured and analysts are expecting inflation to be lower by 0.2% as a result
I actually agree with the change, but it will make inflation seem better as a result
The main fix is fees. Under the old method, when the stock market went up, the dollar fees money managers collected rose with it, and that got counted as prices rising. That doesn't make sense to me to include in inflation