#Bitcoin primary count still looks OK to me. Invalidation if we lose the purple line and break below 56k, but the structure looks to me like it's starting to shift in favour of the bulls, and I think everyone is far too bearish on this little red candle. 
OK, want to grow my feed. Who should I be following on here?
Just Primal. Why do you use both?
Total winner, and can link to Alby for my Zaps too πͺ
Just disccovered Primal... love it!
How does Nostr deal with this issue longer term without a mechanism to ban these accounts?
#Bitcoin is 12.5% lower than it was at the 73k local high back in March. Think about that for a moment. 12.5% is NOTHING in this market.
If 73k was the cycle top, after nearly 7 months we would be down AT LEAST 50% by now, if not much more.
Consider that a Bitcoin bear market typically lasts about a year, and retraces ~80% of the move, the fact that we are ONLY down 12.5% after 7 months should be signal enough.
Just a very long, very boring and very frustrating sideways consolidation in a Bitcoin bull market that has a way to go.
I wonder if this big push to get more people active on Nostr will last. I had somewhat given up over here, but I guess I should just double share everything.
GM Nostr β
Email is pretty much all spam these days. Everything is IM.
#Bitcoin has no top because fiat has no bottom.
Buy #Bitcoin like there's no tomorrow, not because there will be no tomorrow, but because tomorrow there will be no #Bitcoin
#Bitcoin was built on the shoulders of giants.
Happy Birthday to the #Bitcoin Whitepaper π
GM Bitcoiners #Bitcoin
Bitcoin spot ETFs have been available in many countries around the world for a while now. Some have been available for well over a year!
The only thing lacking is demand, and that comes with liquidity, not when some TradFi entity comes along with yet another Bitcoin product.
US news dominance on social media will lead you to believe that this is the most important event in Bitcoin's history, and the timing of the approval may lead you to believe that it affected price, but the reality is the US is late. Spot ETFs are old news, and if you're a real Bitcoiner, why are you cheering for these products anyway?
There are so many more important and interesting developments in the Bitcoin space.
Things that drive real self-custodial adoption, like what is going in El Salvador, and how that might influence other countries like Argentina to adopt Bitcoin at a national level. These events are huge!
Ordinals have attracted more builders on Bitcoin than we've seen in years past combined. BTC has gone from something that young people didn't care about, Boomer coin, to the most innovative and feature rich NFT market in crypto. Web3 has arrived on the mother chain and the result of that innovation is that Bitcoin is outperforming Ethereum by quite a margin!
Bitcoin will continue higher whether these ETF products get approved or not. Number go up technology is pre-programmed. As the fiat ponzi scam goes down, BTC goes up.
#Bitcoin doesn't care about ETFs, and neither do I βΌοΈ
All these clips going around of Larry Fink talking about #Crypto interchangeably with #Bitcoin makes me think he doesn't understand why massive decentralisation and proof of work make it different, or if he even really understands it at all.
You can't legitimately claim crypto to be a flight to quality, unless you are only referring one or two specific chains. Centralised crypto shitcoins are literally the riskiest assets you can ever put your money in! There is little quality there.
So, he's clearly talking about Bitcoin, because that's the ETF product that his firm is trying to get approved with the SEC, but using the wrong words to explain it. I'm sure he's just regurgitating what he's been told to say by the press team, along with a random and completely irrelevant mention of 'global terrorism', as though that has anything to do with anything.
Larry is the largest individual shareholder, but Blackrock itself only owns 7% of their own company, so there are many other forces at play, and the many bright people behind the scenes are steering the firm in the right direction, despite Larry's word salad.
#Bitcoin doesn't need ETFs, but it always needs a narrative, and this one will do for now. I'll take it! π
https://video.nostr.build/6572d8687449284a6222dd0c4e188cf7c7deb70703534e38d3e0f803a5f1e0e8.mp4
I haven't been active here much for a while, mostly because the last time I said GM, nothing happened! π
Let's try again... GM Bitcoiners π§‘
