UPDATE: đź‘€
Remember early April 2025? When bitcoin was ~$83k and the world was in a panic?
Let’s review how we did as Bitcoiners…
“#bitcoin, as priced in US dollars, continues to show remarkable strength during this *anticipated* period of consolidation since its 20-Jan-2025 high.” ✅
“As the green line shows, we continue to see a series of higher lows IN SPITE OF EXTREME MARKET UNCERTAINTY AND FEAR.” ✅
“This is exceedingly bullish behavior.”
“Could the price break down temporarily to the $70k-75k range?” ✅
“Of course.” ✅
“But I would view this as an incredible short-term buying opportunity... and, importantly, I am not expecting this to happen.” ✅
“Based on M2 global liquidity and sharp movements in the US dollar, I still anticipate new all-time highs for bitcoin sometime between mid-May and mid-June 2025.”
This is not a flex but, rather, an admonition to follow the liquidity.
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