This is incredible

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Discussion

1. bitcoin a fringe hobby

2. Bitcoin is a black market money

3. Bitcoin is a speculative curiosity

4. Bitcoin couples to the stock market

5. Bitcoin decouples from the stock market

6. Bitcoin is a safehaven asset.

7. Bitcoin is the only asset, the only money and everything else is mere utility.

Leading indicators of surge in global liquidity #bitcoin

Without Trump you never know when BTC would have decoupled.

Aren't we lucky?

Only a few percent, can we call it a decoupling so soon?

No, you are right, it is too soon, but eerie that bitcoin has stayed at around $83k while the market has tanked so much. I would have expected the selloff to drag all perceived risky assets with it.

There is a chance that the next few weeks will be crazy volatile (stock market), it should provide a more material proof about bitcoin's price behavior

Maybe the whales have stopped selling

I have to better understand and learn about whales.

This is also a good take I found: https://primal.net/e/nevent1qqsgc9m4tfyf8hf4z8z7fr3763wtp635t6dnngy9e2d6grjvkk4u8fgm42l3h

Yep Lyn's takes are generally good 👍

Down about the same as S&P in the last 3M

But accounting for volatility yields fascinating results

This is Bitcoin priced in triple leveraged Nasdaq.

🤘🤘

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Strange day

Where gme