$BB obviously up big today. A few reasons for that.
One, they are generating huge free cash flow now, and the guidance set is that will continue. They also are doing a 5% share buyback, so there's no dilution risks to investors.
Physcial AI, Robotics, NVDA partnership, medical, QNX being used in both Autos and the military like submarines with defense contracts.
Robotics is currently viewed as a 4T market which they are going to play a role in. Large rev growth last year at 78% margins.
I think in the next 1-2 years this is trading several multiples higher. Also @crypto_condom was the reason I originally got in the trade so the credit should go there for spotting this so early.
Remember when we were at 64k Bitcoin?
LITERALLY the the highest fear and oversold markers in the history of crypto.
And everyone told you buy nothing and that crypto was dead?
Lol. Absolute. Idiots.
@OnlyCapital 48.3k close today.. 53k close tomorrow and 56k on Monday .. makes the V shape we were looking. It can happen now. Seems like 2013 where to took down the bottom of cycle 1..
@JesseOlson Do u think 2020 cycle is severely underperforming ? I would have expected the price action to be in coin 1 red box. Am I reading this okay?
@chuckberry3141 @jclcapital Join #CTM :) it is way more than cryptos.. includes forex, indexes, commodities and "hive mind" and some of the smartest I have seen/spoke with.
@personalityson@Hesamke Other indicators are suggesting that this is NOT the end of the market cycle (e.g. RHODL Ratio, 1yr HODL) and that the market is NOT overheated right now (MVRV Z-score).
@personalityson@Hesamke from the creator of pi-cycle indicator - My current market outlook for Bitcoin is bullish overall, so my personal view is that there is a good probability Bitcoin will NOT top out and crash when the Pi Cycle Indicator moving averages cross in a few days time.