When you see it... πŸ˜‚πŸ˜‚image
Another $500M of #Bitcoin was bought and stored away Probably won't be sold for years, or maybe ever again (if used as collateral) Most people have 0 Bitcoin exposure This purchase just eliminated another 8,000 whole coiners 🀯image
Blackrock's Bitcoin ETF, IBIT, now holds 272,138 BTC, up 1,162 from the last trading day. 900 BTC are issued per day. Around April 20, this will drop to 450. Blackrock clients bought 1.3x the amount of BTC that was produced.image
BREAKING: The Federal Reserve may sustain interest rates at current levels for the foreseeable future because recent data "shows lack of further progress on inflation." Will the US government continue to be able to pay the interest on its debts if rates remain this high? The Federal Reserve plans to keep rates high as long as needed to bring down inflation.
The #Bitcoin halving is in 3 days 🀯 Let me explain what's happening πŸ‘‡ Conclusion: Bitcoin is a long-term game, so a lot of coins will be held for decades. Something that you have to consider is that we have never seen an all-time high before a halving in the past. Bitcoin balances on exchanges are the lowest they've been since 2017. Some people still think that the halving will be canceled. None of this is priced in. In January 2025, Bitcoin's price will very likely be much higher than it is today!image
$BTC I'm mainly trading the ltf constructions until we see HTF confirmation of bearish continuation (local trend) or a reversal into liquidity (possible start of more upward price movement ) Fairly clean price action, where I focus on clean sweeps into local rotations....as always, cover your risk and keep playing; it's the only way to learn this game πŸ‘ #bitcoin #Trading
If you missed out on investing in Apple 15 years into the stock going public, it's fine because nobody told you about it Same thing with Microsoft, Nvidia, Facebook, Amazon, and all these other massive companies We're 15 years into #Bitcoinβ€―β€―β€―'s creation I tell people to BUY and TRADE every chance they get If you're reading this tweet and you miss out on Bitcoin, you have NOBODY to blame but yourself You don't need much money to buy Bitcoin Just buy fractions of coins here and there and set them aside for a few years Bitcoin will not only impact your future but also the future of every generation that comes after you Don't be the grandparent or great grandparent who tells their kids' kids that they ignored the most important innovation in money in thousands of years
Today's trading scene hasn't changed much since the last update. $BTC is holding steady, finding a comfort zone under its recent pattern of higher lows. If Bitcoin dips below the $61,500 mark on the daily chart, we could see it slide towards $58,000. $ETH is in a similar position, closely watching the $3,000 level. A close below this could lead Ethereum to fall towards $2,500 or possibly even lower.image
I actually post less during bullish price action because it's typically the 'buy this and hold until it goes higher' phase. But as a trader, it's the complete opposite; most $$$ is earned when others lose interest. Remember, the market is just a vehicle to redistribute money from one party to another. #Trading
Someone just paid the equivalent of 20,000 CAD to send a Bitcoin transaction worth ~77,000 CAD. WHY? This makes no sense to me. Was it by mistake?image