Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.
JEFF BOOTH: "For anyone in Bitcoin for some time, it may appear that its true essence - the one that changes the world…is being co-opted by fiat narratives.
My belief is it only appears that way because the number of people starting their journey far exceed those further along.
So, in larger groups, larger conferences, larger media platforms (X) the noise seems to outweigh the signal and in turn we amplify it because it is so outrageous that “others” don’t get it.
If Bitcoin was to change the world, it would have to look like this as 8 billion people moved from a system based on control to one of freedom.
Long way of saying the signal is still very much there - growing stronger every day."
First you buy a little to see what happens.
Then you buy more because you understand it.
Then you stop telling people because they wouldn't get it anyway.
The biggest threat to Bitcoin is the possibility that 99% of people in the world are so incredibly stupid that they never end up figuring out how important and valuable Bitcoin is.
You should be buying here.
You will never truly time the bottom, and even if there was to be another leg down…
The timeline would be so bearish with so many new lower targets, you still wouldn’t buy.
At some point you have to reach a position where you understand that the bottom
Is in or close, and you simply allocate.
If it goes lower, you continue to allocate and have a decent time horizon.
Markets do not go down forever and your only job is identifying when it’s getting close to the end.
Understand that there are enough oversold metrics to be forming a bottom, and act.
Worst case? You get 20% down temporarily for 200% up later…
But this is the game.
You get paid for your skills and your patience.
The money has to be earned somehow.
Have conviction.