This is probably the worst sentiment I have seen for Bitcoin in over a decade.
AI stocks are going parabolic and the S&P 500 is at all time highs. Gold had its run. Everything is making money right now and it's almost hard not to.
Everything except Bitcoin.
The contrast makes it particularly brutal. It is not just the fact that Bitcoin is down, but also that every other asset is at or close to all time highs at the same time.
The opportunity cost is massive especially for newcomers.
It is tough but we have been here before.
Staying the course.
Money supply is skyrocketing:
Global money supply is now up to a record $121.9 trillion.
Over the last 2 years, money supply has soared +$17.1 trillion, or +16%.
This also marks a +$27 trillion increase, or +28%, since the 2022 low.
This means that global money supply is surging +7% to +8% a year.
Meanwhile, US M2 money supply jumped +$1 trillion YoY, or +4.6%, to a record $22.7 trillion.
Money supply growth is accelerating.
Tokenized $STRC is now live.
Stretch (STRC) is @Strategy's perpetual preferred stock paying monthly dividends, currently yielding 11.5%.
Now available across Ethereum, BNB Chain, and Solana through Ondo Global Markets.
War or no war, recession or not, oil crisis or not,… it simply doesn’t matter.
It will either keep going up because everything is fine, growing and stable, or it will keep on going up because of money printer going brrrr to save the economy.
Either way it will keep going up
@DragonCrip Pero USDT es un token que corre en una blockchain. Una red, no debe tener poder de congelación de tokens. O de hacer lo que le “parezca” con los tokens que corren en ella.
Vamos, yo lo veo completamente diferente
@DragonCrip Pues yo no veo mucho de qué celebrar la verdad.
Solo están dejando claro que no existe ninguna descentralización en L2 y que pueden hacer con tus tokens lo que ellos quieran.
Entiendo el motivo, pero no comparto la acción por buena que pueda parecer
Espero esta estructura de distribución por Wyckoff, pensaba que estaba haciendo la otra en la que ya se iba para abajo pero todo me cuadra con una falsa ruptura alcista después de haber hecho ya doble techo previamente y haber bajado a hacer sprint a la parte baja y rebotar. Lo mismo me sirve para Nasdaq como para SP500.