How can $MSTR possibly trade at 2.7x their BTC treasury?
I suspect we are seeing the start of $5-10b of inflows in anticipation of a SP500 listing right now.
If true, then it's still warming up.
#Bitcoin price levels.
88-91k then 102k
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Explainer.
When BTC breaks into all-time-highs, there's no prior history of resistances for the market to trade around. This means price goes into unfettered price discovery, expect wild swings.
In these situations we have 2 guides to find new resistances. Fibonacci bands, using magic numbers seen in nature, and real liquidation levels of market positions.
88-91k was the first target. We hit it. Consolidation should happen here. This is both from local fib levels and liquidation levels where most of the shorts have been taken out, it's the end of compulsory buying from short sellers getting culled.
102k is the next macro fib, using last cycle high and this cycle low. Let's see where new liquidations cluster around, but for now, that's our next target based on fibs.
To categorise things even further, here are the predictions for a potential top relying on historical data:
Based on cycle length: Q2 2025
Based on halving date: Q3 2025
Based on ATH break: Q3 2025
Purely based on timing from the the last 2-3 cycle's data, it is alluding to either:
A May/June 2025 top (from cycle bottom), or
An August/September 2025 top (from halving & ATH break).
I'm about to answer the most important question in crypto right now:
Where are we in the crypto cycle?
I dug through the data, and discovered:
• When $BTC will (likely) top this cycle
• When the REAL altcoin season is going to begin
🧵: Here's what comes next for crypto.👇
All actions of the Department of Government Efficiency will be posted online for maximum transparency.
Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!
We will also have a leaderboard for most insanely dumb spending of your tax dollars. This will be both extremely tragic and extremely entertaining 🤣🤣
@jimcramer Nvidia one of the few he got right long term. Even a monkey throwing darts at a stock page can hit some good winners after throwing out hundreds of them. Hey Jim, how's that Bitcoin prediction going? Probably as good as your election prediction.🤣
Anthropic CEO says unless something goes wrong, AGI in 2026/2027
"Smarter than a Nobel Prize winner in every relevant discipline."
DARIO AMODEI: "If you extrapolate the curves that we’ve had so far... If you say, “We’re starting to get to PhD level, and last year we were at undergraduate level, and the year before we were at the level of a high school student...”
Again, you can quibble with at what tasks and for what we’re still missing modalities, but those are being added. Computer use was added, like ImageEn was added, image generation has been added. And this is totally unscientific, but if you just eyeball the rate at which these capabilities are increasing, it does make you think that we’ll get there by 2026 or 2027.
Again, lots of things could derail it. We could run out of data. We might not be able to scale clusters as much as we want. Maybe Taiwan gets blown up or something, and then we can’t produce as many GPUs as we want.
I think the most likely is that there are some mild delay relative to that. I don’t know what that delay is, but I think it could happen on schedule. I think there could be a mild delay. I think there are still worlds where it doesn’t happen in a hundred years. The number of those worlds is rapidly decreasing. We are rapidly running out of truly convincing blockers, truly compelling reasons why this will not happen in the next few years.
There were a lot more in 2020, although my guess, my hunch at that time was that we’ll make it through all those blockers. So sitting as someone who has seen most of the blockers cleared out of the way, I suspect, my hunch, my suspicion is that the rest of them will not block us."
UPDATE: @truth_terminal has just become the first AI in history to become a millionaire.
Since my tweet, Goatseus Maximus has increased to a $428 million market cap - almost half a billion dollars.
In other words - and I can't believe I'm saying this - a crypto based on AIs (not humans) shitposting about a guy stretching his anus wide could soon be worth a billion dollars
The Gospel of Goatse continues to spread...