FASB might be the real catalyst for the next #Bitcoin bull run.
Some serious events (FASB rule change, halving, (likely) Fed rate cuts, U.S. ETF, pro-Bitcoin leaders gaining power, sovereigns mining, grid stabilization at scale) on the horizon in the next 1-2 years.
I’m not selling. Don’t need to, won’t need to. Stay frosty #plebchain
At some point we need to start the s-curve upward acceleration. Lots of tail winds this epoch. The market always finds a way to surprise. Maybe the surprise is to the upside. 🤷♂️
As usual; good take, well said.
Analytically it feels like we’re close. Maybe something weird will happen though and we won’t get a bull when everyone expects it - a market surprise. I’m ready for anything.
Certainly this cycle’s reversal on ‘coins on exchanges’ (now going down) will also contribute. Laat cycle so many people were on Celcius/BlockFi/etc for the ‘yield’
Very true. Another tailwind.
I just thought of another. The extended bear market. Probably most coins are now in the hands of hard core hodlrs. Paper handed tourists are probably long gone.
Yeah this is a serious catalyst and I hadn’t really considered it. All the fiat clowns are washed out of Bitcoin right now. When spot price pumps the hardcores will just keep DCAing 😂 not start selling to exchanges.
Great point.
It always feels like a race to stack up as much as possible before the next run starts.
With BRICS forming and 20+ countries leaving with them. It’s around the corner one way or another. This is global economic currency warfare.
#HODL bitcoin in cold storage wallets in set verifiable amounts. It’s possible to make ‘cash’ payments too…
A lot of factors foreshadowing an insane run to come. All underpinned by Bitcoin as an indestructible global value-storage and value-transfer Network.
