π’ Winning thesis by @TuurDemeester
November 2018:
"Bitcoin is evolving towards Reserve Asset status"
January 2025:
- US launches Bitcoin Strategic Reserve
- $BTC up ~12x ($6.5k to $85k) since, but first dropped further down to $3.5k.
Situational context:
- Nov-18 was right in the midst of a pessimistic bear market
- BTC was down -67% from Dec-17 high of $20k to ~$6.5k at time of tweet
- BTC was declared βdeadβ by many [1]