#Bitcoin 2024 journal
January 3:
Day begins with rumors from Matrixport that SEC will reject #Bitcoin spot ETF even though no new insight is offered as justification for their take. However, it appears to be enough to trigger ~$500M in long liquidations and Bitcoin promptly drops below 41k to give up yesterday’s gains. #Bitcoin spends the remainder of the session clawing back to settle at just under $43K. Overall, markets were down for the day to make for a slow start to the year.
#Bitcoin
#Bitcoin 2024 journal
January 2:
Overall market is flat. #Bitcoin pierces $45K and dominates the news cycle as the market anticipates spot ETF approval any day. All appears bullish until Jim Cramer finally bends the knee and acknowledges the staying power of #Bitcoin. Proponents everywhere shudder.
“…names virtually synonymous with #bitcoin…”. Uhhhh, what?
Argentina money supply… yikes 👀 #Bitcoin
#Bitcoin
Solid month for MARA #Bitcoin
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“No country can stop inflation. The companies can’t outgrow inflation. Workers can’t outwork inflation. Few are going to beat the market by skill or luck. But everybody can buy #Bitcoin.”
-Saylor
#Bitcoin
#Bitcoin
