Hashrate 360 🔥 up nicely

The long squeeze yesterday was a strange occurrence… If people actually sold positions because of Silvergate

That’s obsurd…. Silvergate has nothing to do with Bitcoin

If they went bankrupt would be a 15 year court case to break it up and Microstrategy just keep paying back the 205m$ loan as normal till Q1 2025 when it’s due

Which Saylor has put aside 300 million in assets to put forward in a worst case scenario

But if they still selling Bitcoin over indirect trivial things then we need some new large buyers

Luna Gap needs filling

Tesla 1 billion $ sell gap needs filling

Expect Elon to exit bitcoin around 35k so we need that 48,500 filled

Sadly Bitcoin will continue to trade infinite supply until the remaining supply is off exchanges

Gotta say it out loud

Supply/demand does not matter in bitcoin… currently

With futures Bitcoin is infinite supply traded infinitely

THE ONLY FIX IS TO REMOVE THE 11.8% coins left on exchanges

COZ U CANT SHORT WHAT ISNT THERE

So what the Fed can currently do is open an unlimited short and surpress bitcoin price indefinitely

Until there’s no supply to short

Bitcoin is accountable to the last Sat… sitting on exchanges is criminal

They must be owned

It’s the only fix

Get Em all

The price u see now… Is like silver, there is no price discovery in Silver

Bitcoin heading down same path… But!!!! We can fix it

P2P should be how to buy and sell Bitcoin…

GO GET EM!!!!