The recession talks are easing off and there is even talk that there won’t be a recession at all.
#Bitcoin bear markets can feel like recessions and anyone who weathered this last bear ought to be able to tell things are getting better not worse.
Most of the people calling for a new low for #Bitcoin were using the looming recession as validation for their claims, but what will #Bitcoin do if the “skies clear”?
Also while writing this post #BTC took a minor dip below $25k then reclaimed…if it takes a serious dip, hopefully the cheap sats will stick around until pay day!😅
We are seeing the $25k support get retested…will it hold?
I think so. I find the dip weird…it’s not just #Bitcoin , and it’s on the news of paused rates, which I assumed was bullish.
Oh well, I’ll take the cheap sats! 😂
To whoever caused this dip:
I don’t know who you are. I don’t know what you want. If you are looking for ransom I can tell you I don’t have money. What I do have are a particular set of skills. Skills I have acquired over a very long career. Skills that make me a nightmare for people like you. If you let me stack your sats for cheap right now, that will be the end of it. I will not look for you, I will not pursue you. But if you don’t, I’ll look for you, I’ll find you and I’ll FUD you into oblivion.
#Bitcoin will always find its rightful owner.🥲
I’m excited to see what the Fed decides to do with the interest rates tomorrow. Surely it will be a catalyst for #Bitcoin . The odds are leaning in a pause’s favor.
This would be bullish for #BTC .
#Bitcoin is like a rocket ship on the launch pad counting down to the halving. More news and catalysts are just fuel in the engine waiting to propel us higher.
Stay humble, stack sats.
Even with these recent dips, I’m still convinced the bottom is in for #Bitcoin .
I’m doubtful we will go below $25k again, however I would be happy to stack cheap sats!
Remember: 1 #BTC = 1 #BTC
In the short term; selling pressure can cause dips…
But in the long term I don’t think anyone can sell as much #Bitcoin as the plebs want to buy. Not to mention the rest of retail, institutions, HNWI, and nation states!
Stay humble, and stack cheap sats while you can.
#Bitcoin isn’t about luck. Even if it was; it’s not the type of luck that comes easy.
You have to stay solvent, you have to WORK for it. It requires research and discipline. Don’t make rash decisions based on emotion.
Slow and steady wins the race!
#Bitcoin is for the people, by the people.
It’s a revolution that prioritizes love and education over bloodshed and terror.
#BTC won’t end war and violence, but it will make it harder to fund such things, through both decentralization and transparency.
#Bitcoin’s decentralized nature prevents a single point of failure from existing.
No centralized authority can take #Bitcoin down, the best they can do is pretend it doesn’t exist.
It’s never too late to buy #Bitcoin. Stack for a better tomorrow!
#Bitcoin is often associated with the concept of financial freedom, so it would be ironic, counterintuitive, and a shame to see the land of the free push #BTC mining and innovations elsewhere.
Sadly, #Bitcoin is also associated with crypto…even though a true pleb knows this to be a laughable misconception. Education is the only way forward, learn #Bitcoin!
There is no second best! No ifs, ands, or buts about it!
Adoption will continue to bring demand, institutions will continue to pay attention bringing demand, nation states will continue to pay attention bringing demand, and the fact that there is arguably never bad news for #Bitcoin will continue to bring demand…
But what about supply???
DYOR and iykyk😉
Iykykyk then yk it’s NOT a bubble. 😂
$BTC.D rallying is no shocker. It’s also just the beginning, previously I thought a rally to 60-70% was likely, but taking into consideration how fast we have jumped to 50%, it seems 60-70% was a bearish prediction 😳
#Bitcoin didn’t need the SEC to start labeling every 💩 coin as an unregistered security for dominance to rally. BUT it does act as an accelerant on the #BTC fire!
There is no other safe haven like #Bitcoin . In times of uncertainty #BTC and stable coins rally when it comes to dominance…it took a while for me to realize that there’s Bitcoin and then there is fiat. 💩coins are just fiat ².
All we need is time. Tick tock next block.
The supply of #Bitcoin on exchanges is dwindling at alarming rates! Demand will only continue to grow from here. You know what happens next. 😉
Don’t get stuck with an IOU rather than the real thing! Withdraw to cold storage!
#Bitcoin in itself is an asset that promotes vertical integration among individuals and conglomerates.
Being less reliant on traditional financial systems shouldn’t be taboo or frowned upon. It should be promoted.
Especially considering how inefficient traditional systems are in comparison.
Financial sovereignty will become increasingly important whether you like it or not due to the State’s negligence.
#BTC is the life raft.
#Bitcoin hitting $500k or any number above that is way more likely than it going to $0.
This is what makes #BTC one of the best asymmetric bets money can buy.
If you think #BTC can surpass the market cap of gold, then $500k a coin shouldn’t seem like a shocking number…it should seem inevitable.
Will #Binance lose their position as the largest #Bitcoin holder through regulatory pressures?
Only one way to find out. 😉
GET YOUR COINS OFF EXCHANGES!
Volatility is returning to #Bitcoin as uncertainty spreads through the market on regulatory concerns regarding 💩coins and associated exchanges.
I’ve been preaching how I think this cycle, and potentially ones in the future, will invalidate the idea of diminishing returns.
Obviously I’m expecting institutions and nation states to take the baton from retail, as retail reaches its optimal influence on price action.
I was also expecting a $BTC.D rally, as more people realize there is no second best + #BTC gaining utility, no matter how useless…
Now I am expecting this process to be accelerated by regulators forcing 💩coiners to become Bitcoiners.
If #Bitcoin was the only coin we would be sitting at upwards of $57k and would have peaked at ~$125k.