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If you own any Solana, I would be running as fast as I f*cking could to sell it.
A short video on why $SOL has topped and why I'm shorting it to zero
From a trader who has publicly sold every major top over the past 5 years
Someone is desperate to sell their bags.
The Bitcoin community is likely to be disappointed again on Friday. I predict and I am happy to be wrong that the bitcoin reserve will be a balance sheet exercise. The US currently owns BTC ( held by the courts or the FED that it has confiscated over the years) that was to be sold. It will be moved into the strategic reserve.
Trump is in real estate. Likes a deal. Is BTC at 90k a deal?
Bitcoin in the bear market sub 30k is a deal and that's when they buy.
Strategic Bitcoin Reserve Established 💡
- Capitalized with Bitcoin forfeited in criminal and civil asset forfeiture proceedings.
- No cost to taxpayers.
Government Bitcoin Holdings & Audit:
- Estimated to hold ~200,000 BTC, but no full audit has been conducted.
- Executive Order mandates a comprehensive accounting of federal digital asset holdings.
Bitcoin as a Store of Value:
- Reserve will hold, not sell Bitcoin, similar to a digital Fort Knox.
- Previous premature sales cost taxpayers over $17 billion in lost value.
- Strategy aims to maximize value of holdings.
Future Bitcoin Acquisitions:
- Treasury & Commerce Secretaries authorized to develop budget-neutral strategies to acquire more Bitcoin.
- Must have zero incremental cost to taxpayers.
U.S. Digital Asset Stockpile Created:
- Holds non-Bitcoin digital assets from forfeiture proceedings.
- No additional acquisitions beyond forfeiture.
- Managed by the Treasury Department for responsible stewardship.