A long way down to go.
Rough levels on the chart.
For building a spot position, I think 25k is the first level.
The risk is that Saylor paired with an equities sell off/global recession could push BTC significantly lower.
Could make for generational buying ops.
13k bitcoin really isn’t far fetched when you take into account that S&P is at ath’s and bitcoin is already down 40% from ath’s.
A saylor triggered sell off could take us even deeper.
Would be a generational buying opportunity.
The whole sentiment seems to of switched bullish on BTC above 80k.
interesting.
Seeing lots of calls that the macro bottom is in and arguments for this time being different.
We pumped straight off the M/O with no wick lower. Statistically that happens 0.5% of the time.
Rule changes for the SpaceX $SPCX IPO:
Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.
This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.
Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.
Russell 1000 and Nasdaq 100 funds will absorb 24%.
The rules built to protect passive investors:
1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.
2. Nasdaq cut its inclusion window from 90 trading days to 15.
3. FTSE Russell cut its to 5.
All three benchmarks are now structured to buy SpaceX at IPO pricing.
The whole sentiment seems to of switched bullish on BTC above 80k.
interesting.
Seeing lots of calls that the macro bottom is in and arguments for this time being different.
We pumped straight off the M/O with no wick lower. Statistically that happens 0.5% of the time.
Every market top historically has had a new paradigm thesis.
This is textbook late stage bull market behaviour.
I can’t say when the market tops and I may miss out on some gains, but I’d rather that than have to wait a decade for my bags to recover.
The whole sentiment seems to of switched bullish on BTC above 80k.
interesting.
Seeing lots of calls that the macro bottom is in and arguments for this time being different.
We pumped straight off the M/O with no wick lower. Statistically that happens 0.5% of the time.
Anyone who watches this guy and thinks what he’s spouting has any substance need to really learn how economics works.
He’s a grifter who preys on regular folks’ struggles as a means to grow an audience, uniting them in anger, directed at the wrong enemy.
@btc_charlie What about CBDCs being forced upon us -> negative interest rates + higher taxation completely unescapable. Oh and a huge exit tax if you try to leave
13k bitcoin really isn’t far fetched when you take into account that S&P is at ath’s and bitcoin is already down 40% from ath’s.
A saylor triggered sell off could take us even deeper.
Would be a generational buying opportunity.
Dot com was a bonfire. The AI bubble is a bonfire inside a house, on top of a gas main, in a street full of houses. Same flame. Bigger damage.
The wealth isn’t made chasing 20% now. It’s made buying 80% discounts later. Preserve capital.
All of you interacting with Avraham Eisenberg again now that he is out of jail just because he was part of crypto twitter and in our group chats.
I see you.
elon is out here shilling ubi like everyone is going to be living in penthouses not working because ai will make everything so cheap.
use your brain for 5 seconds and tell me how that makes any sense..
if everyone has a billion dollars and nobody has to work who is selling you their property? who is giving up their assets?
who is handing over real estate and land to people who did nothing to earn it.
the answer is nobody
the rich aren’t giving up shit.
they’re going to own everything and you’re going to get a monthly allowance from the government that covers just enough to keep you alive and compliant.
that’s not freedom and only low iq would think it’s a good thing
“you will own nothing and be happy” isn’t a conspiracy theory it’s the literal slogan of the world economic forum lmfao
and elon is repackaging it as some futuristic utopia
a zionist billionaire who works with the government telling you not to worry about working anymore and to just trust the system.
and you’re buying it. again…
ubi isn’t a gift it’s a leash.
and the people selling it to you are the same ones who want to enslave you