...I delete my tweets. Message is my only goal.
Master Corporate Finance.
Technical analysis.
Bitcoin OG.
Independent offgrid farmer.
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I said to my friend many months ago.
Bitcoin likely just going to chop between 70-80 for a very long time
Nothing will happen until halving comes close.
This will likely be true.
Until the FED printโ๏ธ
Bitcoin is very close to my bottom target of 68k.
Being this close tells me it is very likely revisiting that price with a wick.
But I dont know.
The higher low could also be in.
Because I truly believe we are painting the higher low in this very moment and month.
Good buy
JUST IN: $2.2 Trillion BNY Mellon just disclosed it has increased its stake in #Bitcoin treasury company Strive $ASST by 39%, bringing its total holdings to 257,718 shares ($5.78 million).
The oldest U.S. bank increasing BTC exposure through treasury companies. ๐๐ฅ
JUST IN: $7.8 trillion Fidelity just disclosed it bought 2.35 million more shares ($51 million) of #Bitcoin treasury company Strive $ASST.
It now holds a total of 12.24 million shares ($265.3 million).
23% stake increase by the world's 3rd-largest asset manager. ๐ฅ๐
@BTCoptioneer Would I buy more if 14% . No.
Would buy less the higher they had to go actually.
It works as the laffercurve. At a certain percent, risk only becomes greater holding the instrument.
@BTCoptioneer Look at real rates.
Bitcoin needs falling, zero or negative real rates.
We are not in that environment and hasnt been for 5 yrs.
Hence why Bitcoin is lagging all that time
@BTCoptioneer Look at real rates.
Bitcoin needs falling, zero or negative real rates.
We are not in that environment and hasnt been for 5 yrs.
Hence why Bitcoin is lagging all that time
...markets so dead.
Deadcat bounce on tech?
Bitcoin is the canary in the coal mine.
Waiting for QE is the chicken race now.
Do you dare hold so you dont miss the print!?
These moment during a potential credit crunch and before the print are extremely hard to handle.
@DeltaNinety Iran and North Korea can't fund themself.
05 bln ppl would also need to seek safe haven for their mny. From confiscation and inflation.
Gold to old.
They would have to start Bitcoin up again.