Might be a good time remove ALL Bitcoin into cold storage.
FOLD, Strike, Swann, whatever….
There’s something amiss with the current price action and arbitrages.
Discussion
Nobody will transfer Bitcoin into Binance to sell (because of SEC threat to freeze assets), but Binance is being forced to service customer withdrawals. Hence the high price of Bitcoin on Binance.
I don’t think all exchanges are currently insolvent, but at least one is! 🤣
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There’s already not enough #bitcoin 😬
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There is also a chance that the SEC will freeze Binance accounts in the next couple of days. It depends on what the courts decide.
What’s going on?
I am not following you. Transfer from exchanges to Cold Storage?
Unchained capital can not spend my UTXOs.
Indeed, the current price trend is not very optimistic
because it's not the lowest point for bitcoin yet
I think there are plenty of opportunities to buy at the lowest price until 2024
Expect a much higher rally between 2025-2026, $100,000 per bitcoin
This is a pattern in the cryptocurrency market
Bitcoin will cut every 4 years, the first time was in 2012, after cutting in 2016, it started to rise in 2013, exploded in 2017, cut in 2020, exploded in 2021, and the next time is 2024
What do you think?
Halving next year. If you’re talking epochs accumulating this year is a solid methodology going by history.
It's something that's happened in the past and it's a trend that maybe to what you're saying, it's not going to evolve like it did with it, and in the long run the market will eventually take money away from people who rely on some sort of predictable outcome.
But as we can observe from the several halves in Bitcoin's history, each Bitcoin bull market has come about a year after the halve. Bitcoin is going up because its supply is limited, and with the great global exploitation of computing power, coupled with the lack of supply in the semiconductor and chip markets, it is enough to make bitcoin even more scarce
Oh damn, 10 hours ago? Everyone who 🥶🗃️ right now
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