Here's some scary charts. It means Markets will be up only forever, because they will print before they let it go down. You need to be invested otherwise you are losing. You have to out pace the destruction of your purchasing power. And it means in the long run #Bitcoinβ€―β€―β€― wins. image
Needed to be documented on nostr image
They are scared guys. #Bitcoin is winning. https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/
As of right now those ETFs have to buy about $600M of Bitcoin before the tradfi markets open at 930am EST on Monday. And I know those dudes don't work weekends. They have been coming it at like 6am to buy the needed BTC every weekday for 3 weeks now. You can see them in a 1HR chart almost every single day. If there was a positive net inflow to the ETFs the next morning around 6am EST the pricing bounces a bit when they place the orders. Every morning like clockwork image
#Bitcoin flipped silver at 70k, it flips gold at 700k. #justsaying
Somebody had to. image
Might be shaping up to be a special week. Good luck everyone.
CSW: "THE COURTS , the courts will decide if I am Satoshi or not!" The Courts: "Mr Wright you are being formally charged with fraud" Me: πŸ˜‚πŸ€£πŸ˜‚πŸ’€
So where are the ETFs going to find 9k BTC on Monday morning? Might be a fun week. 😜
Something like 40 BTC left on OTC desks, going to be an interesting week next week. ETFs will start buying to cover new inflows at 9 am EST Monday ish if the pattern from the last 3 weeks holds true.