Bitcoin is the king and Wall Street loves to put money with the king.
We should expect the asset to continue getting a strong bid through the end of the year.
I discuss with @LizClaman on Fox Business today.
#BTC
Bitcoin bottomed 547 days prior to the 2016 Halving but topped in its Bull Market 518 days after the 2016 Halving
Bitcoin bottomed 517 days prior to the 2020 Halving but topped in its Bull Market 549 days after the 2020 Halving
Bitcoin bottomed 517 days before the 2024 Halving but may very well top in its Bull Market ~549 days after the 2024 Halving
That's October 2025
History suggests two takeaways:
1. The Halving acts like a mirror. Bitcoin Bear Market Bottoms occur a similar amount of days prior to the Halving compared to the amount of days its takes for Bitcoin to form Bull Market Tops after the Halving
2. The best of the Bitcoin Bull Market is yet to come
$BTC #Crypto #Bitcoin
MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, we hodl 279,420 $BTC acquired for ~$11.9 billion at ~$42,692 per bitcoin. $MSTR https://t.co/uCt8nNUVqd
1) You do not need a lot to get started on Youtube.
I use the internal video/mic on my latop, have no editors, and my thumbnails look like a 7th grade powerpoint presentation.
There is a disconnect between what influencers think their audience wants, and what they actually want