Seeing the timeline getting bear holed on BTC just because Saylor might need to sell <3% of his balance sheet.
One thing that I've always found useful is just doing a mental exercise that if I had no access to any news other than price what would my bias be?
Price is currently sitting at the 1W 200 SMA. At these levels there is zero overextension in the market and it's trading at what I would consider as the fairest price possible.
If I was in the view that BTC is not going to die as an asset and I am a long term spot buyer then here is where I would be stepping in and anything below I would class as a gift.
Being bear holed here is wrong and an emotionally driven decision.
$BTC
π¨If you live in Europe, paying for anything in cash above β¬10,000 becomes illegal from 10 July 2027, and anything over β¬3,000 will mean handing over your ID before the payment goes through.....
This is one EU law covering all 27 countries at once. Your government can set the limit lower than β¬10,000, but never higher, and several already have
France and Spain cap business cash payments at β¬1,000. Italy sits at β¬5,000. Greece at just β¬500. The rule only lets those numbers fall further over time, never rise
They say this is about catching criminals. But cash is still how most of Europe actually pays day to day. It's 63% of payments in Germany, 54% in Austria, 75% in Greece. Austria and Ireland have no cash limit at all today. From 2027 they will
The same year this limit lands, the European Central Bank begins a year-long test of the digital euro
A digital currency like this could come with limits on how much you hold, and digital money tried elsewhere has been built to expire or restrict how it gets spent
But cash, the one form of money that leaves no record and answers to nobody, may not stay open for much longer
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