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BitcoinAscent⚡️ Separation Of Money And State⚡️
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#Bitcoin not shitcoins | Separation of money and state | One issue voter | Not your keys, not your coins | Learn about Lightning | Learn about Liquid | Learn about Chashu Wallets | DCA + BTFD + MM + HODL = Winning Strategy!

Q: What has the ETH/BTC chart been doing the past year?

A: A whole lot of down.

Q: What did the chart do when #Bitcoin pumped this morning?

A: ETH dumped as Bitcoin pumped!

Q: Should people continue to hold ETH, or cut their loses and get out now?

A: I would GET OUT NOW!

The last 8 out of 9 blocks included transactions that paid 1 Sat/vB.

#Bitcoin

I'd tell you to get a second job, but I know you already work long hours.

Go through your house/garage and sell EVERYTHING you haven't used in the past 12 months.

The Rainbow Chart is currently in the Light Blue BUY Zone.

If the 4yr cycle continues, the next top will be late 2025. The higher range for late 2025 is $190k to $428k.

You probably aren't stacking enough!

#Bitcoin

The Mayer Multiple is currently below 1, which is a green buy zone.

A great time to Stack More Sats.

If we get the Bitcoin Trifecta in 2024 (Halving, Spot ETF, Fed Pivot) you're going to wish you stated more Sats in 2023.

#Bitcoin

Replying to Avatar DukeNukem

GREAT game. I spent way too many hours playing it.

Ark Invest's estimates for #Bitcoin in 2030.

Bear Case: $258,500

Base Case: $682,800

Bull Case: $1.48 million

IMO, the bear case is out of the question. I wouldn't be surprised if Bitcoin hits $250k in 2025.

I'm thinking $850 to $1.3 million in 2029.

2025 and 2029 are the next two 4yr cycle peak years. 2030 should have lower prices than the peak in 2029.

I believe the 4yr cycles will continue until I see one that doesn't. Will it continue for 2 more cycles or 20 more cycles?... I have no idea.

Once again.... It's Monday and banks in the US are CLOSED, but #Bitcoin is open 24/7/365!

There is no way banks can compete with the most sound money ever created.

Again.... I never said anything was guaranteed.

The Halving: Very likely to happen in April 2024, maybe March, maybe May. But one of these three months for sure... Almost guaranteed.

Bitcoin Spot ETF: Likely to happen in Q2. Maybe Q1, Q3, or even Q4. But very likely to happen in 2024... NOT guaranteed.

Fed Pivot: Could happen in Q3. Maybe Q1, Q2 or Q4. But very likely to happen in 2024... NOT guaranteed.

The point is... If the 2024 Bitcoin Trifecta does happen, you're going to wish you have more Bitcoin than you have today.... MUCH more.

Sure, I can't guarantee the pivot comes in Q3, that's just my best guess.

The point is, all three of these things are likely to happen in 2024, hence, "The 2024 Bitcoin Trifecta".

Replying to Avatar Lyn Alden

Avoiding posting on Twitter at the moment. I’m just watching there. There’s enough overnight-expert Middle East hot takes and emotions are running high. The violence and scenes are terrible, and my heart goes out to all victims involved and those who will be caught up in it going forward.

I’ll instead post a few things in my lane here as it relates to global finance and todays actions relating to things I’ve already been covering but that now obviously have updates. Helps me get my thoughts together for what will eventually be my next client report.

-Actions like this show the difficulty of multinational currency agreements. Saudi Arabia and Iran have been having more peaceful relations lately as China brought them together (“enemy of my enemy is my pragmatic financial friend”, and so forth). They are both set to join BRICS+ in January 2024.

-But, Saudi Arabia has also been working with the US and Israel on normalizing relations with Israel, in exchange for US arms deals and such. Saudi Arabia was also making promises to raise oil output to alleviate oil prices if they grow too quickly, which the US wants.

-So this attack (w/ Iranian involvement and public support) puts Saudi Arabia in a weird place. Lots of division and competing goals within BRICS+. Has all sorts of implications for Saudi/Israeli relations, Saudi/US relations, and what happens in the coming weeks will affect how those go.

-Egypt and Ethiopia are also joining BRICS+ in January 2024 and they have had a multi year ongoing feud regarding the Grand Renaissance dam on the Nile.

-China and India are well known as not being on good terms. Border disputes and all that.

-Building trade and currency and military agreements between so many different cultures is a bigger challenge than doing so between US and West Europe.

That's true Lyn, but are you prepared for the 2024 Bitcoin Trifecta?

I don't think most people are bullish enough.

Are you prepared for the 2024 BITCOIN TRIFECTA?

There's a good chance you're not bullish enough.

#Bitcoin

Because of it's decentralization and limited fixed supply, #Bitcoin will be the ruler to measure the value of all other things.

Whether you think it's good or bad, a #Bitcoin Spot ETF is coming to the US.

Because Bitcoin's blockchain is a worldwide open ledger, a Bitcoin spot ETF has the potential to be the most trusted and most auditable ETF the world has ever known.

Sophie was great today on the show. More Sophie!

New show name: Simply Sophie on Bitcoin

https://www.youtube.com/watch?v=0l4YWuc_8NI

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CEO of Nchain Group admits Craig Wright is a FRAUD.

#Bitcoin