JUST NOW: U.S. Treasury just bought back $2.9 BILLION of its own debt
All while the government is literally shut down.
They can’t pay workers right now, but they can buy their own IOUs. 🤯
When they buy their own debt, we buy #Bitcoin. It's that simple. 💯
A foundational truth of trading is this:
When wrong, you will always have too large of a position
When right, you will never have enough
No matter how long you trade, this will always be truth
If you post charts showing $BTC price action going in the opposite direction of the M2 money supply, you have learned ZERO this cycle and you're simply a clown looking for engagement 😏
$ETH pumping and near the upper part of the prior range. Thought we might stall for a bit here as there have been a few short term dips from this zone in the past but with BTC near ATH and larger structure looking like a flat it might get through sooner daily and 5d look strong
During the last cycle, you said $60K didn’t look like a top, even though it had a perfect textbook structure of one. Now, you feel bearish at $85K because $108K looks like a top. I understand your bearish sentiment—that’s because you haven’t experienced the bull phase yet. When the real top is in and we see a 25% pullback, I’ll post this chart again. You’ll look at it and know for certain, without any guidance, whether the top is in or not.
Perpetual futures are the vast majority of global crypto trading - but there has been no path to launch them in the US...until now. That’s about to change.
Even though Bitcoin ended December at 🔻-2.85% for the month, Q4 2024 ended strong!
Up ▲+47.73% over the past 3 months and $BTC is far from finished - today's only Day 1 of 2025 😎