I think we should hold the end zone celebration until we hit a new ATH.
Next week is gonna reveal some very interesting truths. It's kinda funny sitting in the least risky asset there is. Shit's about to get real.
Quoting #[0]
"Bitcoin's price in dollars might be it's least interesting aspect"
I'm gonna have to disagree. After watching this week's rally, I think BTCUSD is the purest signal there is in measuring the public's confidence in the legacy centralized financial system. By this I mean, central banks, the banking system at large, and centralized crypto exchanges.
Just like FTX's collapse signaled a lack of confidence in centralized exchange and custody, last week's rally signaled lack of confidence in tradfi.
999k then?
Balaji in Hindi means "master of pumponomics".
"Suisse" is coincidentally also the sound you hear when the credit bubble bursts.
So.... BTFP is basically the Federal government paying off their low interest loan and assuming a higher APR loan? Got it!
Some context below to go with. 100% agree. Looking at BNB below... that's likely to give a 10% bump when its real market cap of 0 is realized.
Finding it rather funny that there is no mention of Bitcoin on CNBC this morning. None at all.
That's my expectation as well. Earliest indicator is post-Shanghai when we can see how this chart moves. My forecast is UP.
What if... JPow announces a 25 bps rate hike next week and about 15 minutes into his press conference as everything takes a nose dive, reverses course and says - Psyche! I meant 25 bps rate cut. I give it 25% odds.
I'm lovin' it
This guy... I used to think he was an intellectual. That was until he started talking about bitcoin and finance in general. He's now been downgraded to dumbass 2nd class.
