BTC is a social status, a mind social status.
1 way I've learn about not apeing into shitcoins is being hardly fckd in my ass. probably yours is still healthy.
I Posted this a while ago, I think, but I will do It again and pin It.
The next black swan is gonna be
1. Elon Musk gets Killed
2. Trump Gets Killed (or revealed)
3. Michael Saylor Crashes (his or any other BTC Companies crashes, or all of them at once).
bye.
THIS WHALE JUST BOUGHT $42M ETH
A fresh whale address just withdrew $42M from Kraken, with a purchase pattern that matches exactly to prior Bitmine purchase patterns.
Is this Tom Lee?
I'm finally reading Dune. This quote, which is in the first few pages, hits hard:
"Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."
A Bitcoin wallet untouched since March 2011 just signed a transaction and moved its coins.
It was being sued. Someone wants legal title to 39,069 dormant wallets, ~$285B, as abandoned property, served by writing the case onto the chain. The owner just proved they never left.
This is the most brutal sell off in $ETH’s history.
Its RSI is at 12.
For reference, the lowest previous RSI was 16.
After 5 years of ranging, $ETH has now printed its most brutal sell off.
This is utter capitulation beyond belief.
ETH and altcoin holders have been blown to oblivion after a very hard few years as it is.
Retail is decimated.
This cycle has been very different and these kinds of sell offs yet again show us that.
Are institutions forcing this?
Is it the narrative dying?
What has changed?
This is either the best opportunity ever, or the end.
I’m betting on opportunity.