Not a Single Japan doom post anywhere Funny that #bitcoin loves FUD
Nothing burger Ok image
2 test pumps in #bitcoin last couple of days have people reeling for the cliff Those little pumps are fairly regular Maybe someone’s expecting bank of Japan not to raise Maybe liquidity is being tested Maybe Saylor buying heavily at US Open Maybe, Maybe, Maybe Test pumps I’ve seen for years, they give a 2 hour glee with 8 hour flee With this stupid Bank of Japan FUD! Around hopefully by tomorrow that is forgotten 0.75% expected 🤣 nothing stops the carry trade…. Well not 0.75 anyway lol
When I get some time off soon image
Cpi gets released every month And every month to follow No one inflation call is different from the next, you know it’s made up anyway Every print #bitcoin goes up Then goes down Then equals about the price it was before it started Ever time Now everyone is watching Japan 🤣 Make up your minds 3 rate cuts, 2.6% cpi with Trump promising new Fed chair will go 1% rates Or Japan no matter what dooms everything lol 9 years in #bitcoin is becoming 9 years too long when you see the same names, saying the same things and repeating the same mistakes #bitcoin really needs simple things Buy Hold 10m $ That’s it lol
Us CPI 2.7% lower than the 3.1% expected Bank of England just cut rates .25% But forget all of that because Japan is apparently going to kill everything tomorrow 🤣🤣 Japan is the last bit of bear thread on the roller they have It’s ok It’s only been 4 weeks of expected raise…. Total surprise lol
Japan FUD is still in the #bitcoin circle It’s ridiculous They were at 0% for 30 years now they’re just a bit above zero with a zero still in the starting number 🤣🤣 Better off reusing Mt Gox or Options expiry incoming for better FUD these days
Eric Weiss mentioned a good point overnight “Whoops” Basically sums up that flash to 90k #bitcoin has been attacked this time instead of operation 2.0 etc, it’s now our own infrastructure Exchanges Betting agencies Kalshi/Poly CEOs of exchanges They’ve gotten their hands dirty since October All time high But then a spike over night whipping open interest into over drive They lose control when there’s no supply to move at certain moments They’ll always have coins to move, but they won’t have them on hand when necessary Last night they had to quickly get 90k under control It’s an easy step to 150k and higher Binance can use 800 Bitcoin to do a lot of nasty things, they just don’t always have access to it #btc sentiment is very bad…. Japan, Venezuela, China etc It’s like everyone needs to create their own villain all the time to justify Bitcoin #bitcoin already beat everyone, gotta stop blaming China, it’s sickening #bitcoin and China = Binance and Bybit Stack ‘em hard like Saylor He’s picked it back up to a billion a week
Between “institutional” buying and self custody (CoinGlass is not accurate) We also have data that says the exact opposite OG’s selling 100% of their stacks… which I find a little strange, if you have 1000 #bitcoin you don’t need to sell all 1000 surely…. But that’s been the case (probably own multiple wallets) And then there is…. Ready for it “China is selling their 194000 Bitcoin” When Bitcoin price isn’t favourable we can’t keep blaming China all the time, makes Bitcoin look dumb when you do that, even if they have sold…. Grayscale sold 400k last year and we mooned, so no sense Some say liquidity = there is 2 Trillion in #bitcoin now lol Some say on chain activity is low = Well yeah institutions are exchange holders and so are ETFs, so of course it’s low, it’s all on exchanges now Some say Japan….. LOL! No! The entire world knows Japan is raising rates, exactly how much FUD is common Stupidity is common Common sense isn’t so common Simple strategy is 21m get them all, Michael Saylor worked out that simple metric and he is taking on every holder by himself We gotta do our part Just ignore the charts and BUY! That’s all we can do and the end result is 🚀 BECAUSE WE WERE RIGHT! Everyone wants and needs Bitcoin…. They’re lining up outside the door reading the brochure
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#bitcoin is dead Team Squad Where ever Bitcoin gains its narrative, I just jump on the team Currently dead Currently its zombie Then…. I’m zombie 🧟‍♂️ image