🤭🤭🤭🤭😆😆 
Multi-year cup & handle pattern nearing completion as we approach Q4.
This could get interesting 👀
#Bitcoin
Telegram CEO Pavel Durov shared his side of the story about the unexpected arrest in France:
⚫️ He was shocked that he was detained by French police and told that he could be personally liable for other people's illegal use of Telegram because:
1. French authorities claimed that they received no responses from Telegram, but Telegram has an official representative in the EU who accepts and responds to EU requests. This email address is publicly available on Google.
2. French authorities had many ways to personally contact Durov. Previously, Durov had helped them set up a hotline with Telegram to deal with the threat of terrorism in France.
3. If a country is dissatisfied with an internet service, the standard practice is to take legal action against the service itself. Using outdated laws to accuse a CEO of crimes committed by third parties is the wrong strategy. No innovator will create new tools if they can be held personally liable for potential abuse of those tools.
⚫️ Striking the right balance between privacy and security is not easy. Telegram is committed to working with regulators to find the right balance and is always open to dialogue.
⚫️ Telegram is willing to leave markets that are not compatible with its principles (as was the case with leaving Russia and Iran) because it is not in it for the money. What drives Telegram is the intention to do good and defend the basic rights of people, particularly in places where these rights are violated.
⚫️ All of this does not mean that Telegram is perfect. Telegram removes millions of harmful posts and channels every day, publishes daily transparency reports, and has hotlines for NGOs.
⚫️ The abrupt increase in the number of Telegram users to 950 million led to growing problems that made it easier for criminals to abuse the platform.
⚫️ Telegram has already started the process to improve in this regard, and more details will be shared very soon.
The percentage of Bitcoin that hasn't moved in over ten years is now 16.84%.
Bitcoin miners' income fell in August to its lowest level since September 2023, coinciding with increased mining difficulty and a decrease in $BTC mined.
This highlights the growing challenges miners face in the post-halving landscape. 
🇻🇪María Corina Machado proposes Bitcoin as a reserve asset for Venezuela.
"We have a vision for Bitcoin to be part of our national reserve, helping to rebuild what the dictatorship stole [...] we are going to use this technology [Bitcoin] to bring the change that Venezuela desperately needs."
#BTC Bulls successfully defended support:
As global liquidity increases, #Bitcoin tends to follow
Global liquidity (money supply) is close to increasing, which causes more money to enter the market
🚨 Fidelity sells 130 #Bitcoin
🤔 Small outflow, but unusual for a positive trading session.
🚨 GBTC Sells 588 #Bitcoin
Price falls-> GBTC Sells
Price rises > GBTC Sells
Incredible, really.
🤡
$BTC daily
bounced off the Q2 low before it hit the loading zone, but still vulnerable below the 200 MA
my bag is already heavily packed, and I have continued strategically stacking in the 50's, so I am patiently waiting for my level before topping off with larger buys
Fear & Greed Index - Sep 05, 2024:
Today: 29 (Fear)
Yesterday: 27 (Fear)
Avg. 1W: 28 😱
Avg. 2W: 36 😣
Avg. 1M: 33 😣
Avg. 2M: 43 😕
Avg. 3M: 47 😕
Avg. 6M: 60 😁
Avg. 1Y: 62 🤑
🔸 #Bitcoin
Price: $57,968
24h Low: $55,747
24h High: $58,514
MC Change: $8.9B (0.8%)
Dominance: 54.1%
24h: 0.8%
7d: -1.9%
14d: -5.3%
30d: 5.4%
60d: -0.3%
200d: 12.1%
1y: 125.1%
JUST IN: 🇯🇵 Japan to lower maximum tax rate on Bitcoin from 55% to 20%, in line with financial assets.
Maximalism
Bitcoin maximalism is an ideology that believes in the supremacy of Bitcoin. Bitcoin maximalists have extreme opinions about Bitcoin at a level of critical skepticism, of deep conviction about the limitations of any altcoin or protocol that attempts to imitate or surpass Satoshi Nakamoto's creation.
Few know that the term was popularized by Vitalik B. in a post on the Ethereum blog in November 2014 expressing the following: Bitcoin dominance maximalism; referring to what is still a fact today, the dominance of Bitcoin over the rest.
Over the years, maximalism in Bitcoin has been glorified and at the same time demonized, they have even classified them into types of maxis; minimalist, reactive and toxic maxis.
In the end, the definition of Maximalista, despite seeming exaggerated, has positive points by guaranteeing the security of new users, and reducing the number of scams and shitcoins.
#BTC Follow Bullish pattern📈🔥
Expecting new ATH in September end or October beginning🚀🚀
#btc #freedom
