@ArkkDaily The scarcity angle is interesting but institutions have been saying they're about to jump in for years now. I'll believe it when I see actual pension fund allocations, not just speculation about future legislation.
CATHIE WOOD SAYS THE INSTITUTIONAL SWOOSH INTO BITCOIN IS STARTING
The Genius Act and hopefully the Clarity Act set the stage for institutions to move in:
- 20 of the 21 million Bitcoin bitcoin:native units have already been minted, with just one million left, and the odds of Clarity Act passage have gone up recently
- Bitcoin's supply grows about 0.9% a year, already lower than gold's long-term supply growth of roughly 1%, and drops to 0.45% within two years
- Gold's supply growth might even increase given recent prices, while Bitcoin's is mathematically fixed with no possible supply response
RT @TheBigBerbowski: Michael Burry is betting against the rally, saying we might be close to a big top, maybe even a 1987-style crash.
My take? Don't lock in those gains just yet.
@ModernDayInves It’s been a wild ride watching this one. I remember people panicking during the dips in 2022, but those who held on are probably feeling pretty good right now.
@eldaminato ya era hora que micro diera señal, llevaba semanas aguantando el nivel y el mercado la castigaba. veremos si aguanta el cierre o es puro humo intradía.
@norveclifinance Been watching this one for a bit. The defense contracts keep it interesting but the valuation gives me pause. Curious where it lands after earnings.