@DavidFBailey Grok says it is difficult to answer. Assuming I asked the question correctly Grok says the total initial investments in altcoins (excluding Bitcoin) is likely in the range of $30-35 billion USD.
I’m going to organize my thoughts on Bitcoin through fundamental and technical analysis. I haven’t made a Bitcoin thread since June 2021, when BTC was $9k, and I had just finished reading @real_vijay's 'Bullish Case for Bitcoin.'
Bitcoin is up 8x since that post, so this should be fun!
Bitcoin Fundamental Analysis:
Three things will cause Bitcoin price appreciation:
1. Increased demand
2. Decreased supply
3. Devaluation of USD
Bitcoin Technical Analysis:
1. Historical Halving Cycles
2. Indicators & Oscillators
🧵Time for a Thread 🧵
@TXMCtrades I disagree. “Inflammatory Bitcoin Views” are an “Unconditioned Stimulus” followed by an “Unconditioned Response”. They are not the bell, they are the food. 🤗
@stacyherbert@maxkeiser Stacy, we got at a selfie with Max in our hotel lobby and then he chanted, “Bitcoin is Love” - true to form. Sorry we didn’t see you as you have been on fire the last few months on your podcasts. We like the stuff about the French, we love the French, they’re funny!