I'm here as a crypto investor, tracking my investment journey. And it's fun doing this with you all.
But crypto & money mean nothing to me.
Every second of every day, I'm realizing how thirsty and hungry I am to know Jesus Christ more.
Peak crypto boredom often happens before the fireworks go off.
I remember Bitcoin sideways for months at $6k before capitulating in 2018.
Or chopping sideways at $10k before the parabolic bull run of 2020.
Something is getting ready to happen!
Saylor's Strategy Is Now A Forced Seller And ETFS Just Bought His Entire Sale 8 Times Over!
Intro
Big transfer of Bitcoin
Bitcoin price action
Crypto accumulation
Eth price action
Altcoins vs bitcoin
Altcoins are at cycle lows.
Bitcoin long-term holder MVRV is in the same bottoming zone we've seen at every cycle low.
Bitcoin's inverse H&S targets $75K...but if it fails, $55K is on the table.
That's not a reason to panic. But it's a reason to know where your buys go
US economy lost 23,000 jobs in July.
Three days earlier, ISM Manufacturing printed 55.6, highest since May 2022.
Output accelerating while payrolls shrink is what a productivity cycle looks like.
The business cycle thesis is intact.
🇺🇸 The 119th Congress of the United States of America has completely failed the crypto industry while the rest of the world takes the lead on crypto...
This small group of people does not have the best interests of the American people at heart.
Cardano up 36%! Ethereum 7% from its 200-day.
That moving average has marked the pivot out of every major downtrend on this chart.
Break it and altcoins have everything to gain.
Fail it and August could get ugly.
Intro 00:00
ETH bull targets 1:00
SUI 4:35
NEAR 8:55
Runestones have been driving
>70% of Bitcoin transactions
DOG is clear #1 coin on Bitcoin after BTC itself.
Curious what you make of the Runes activity...and whether Coinbase will eventually support native Bitcoin assets like $DOG ?
What a crazy thing to oppose the Clarity Act.
Not only because clear rules make America the safe place to build instead of pushing crypto offshore...
But crypto enters these midterms with $193 million ready to deploy!
The largest industry war chest ever carried into election
Clarity Act vote likely THIS WEEKEND.
Senator Lummis basically just said the Senate isn't leaving for recess without it. After 11 months of negotiating and 300+ pages of Democrat requests...it's time to get people on the record.
But the issue is that language again...
I think Clarity Act will make it to Senate floor for vote this week, but it's unlikely to pass.
Senator Thune probably just waiting last second to create peak frustration for the industry.
Whole purpose now is to just get all the "No" votes on record.
S&P 500 broke $70 trillion today.
Crypto sits at $2 trillion and is preparing to onboard the world.
It's also the most undervalued, oversold asset class.
Tick tock!
Crypto just absorbed a massive Strategy sale and a $100m hardware wallet hack...and barely moved.
When bad news stops moving price, sellers are getting exhausted. That's how bottoms form.
Also, the signal that started the 2017 and 2020 altcoin bulls just triggered.
If the CLARITY Act doesn't pass before midterms:
Step 1. Vote out every single person who voted no
Step 2. Take an overwhelming majority in midterms
Step 3. Re-write it without a single thing they asked for
Step 4. Pass an even better version of Clarity Act
I'm here as a crypto investor, tracking my investment journey. And it's fun doing this with you all.
But crypto & money mean nothing to me.
Every second of every day, I'm realizing how thirsty and hungry I am to know Jesus Christ more.