Celebrating the Bitcoin Halvening with this fantastic history of Bitcoin in 15 mins video to mark the occasion.
twitter.com/saylor/status/1780693153319735431?t=uPdETENWUjk2U_mrpjvVng&s=19
1 hour to go until the Bitcoin halvening. Historically this sees mainly consolidation before the start of any parabolic bull run activity.
However, this cycle seem unusual with such a run up to surpass all-time-highs before the halvening which was unprecedented.
Will we see a further dip due to a 'sell the news' event or will the ETF's and new Hong Kong entrants have an added effect?
Supply shock alert: ‘9 months’ left of Bitcoin supply on exchanges
Can Hong Kong’s spot Bitcoin ETFs boost BTC price?
Are you of the mindset of:
1)Let's hope this is the stimulus we need to continue the bull market run.....
or
2) Perhaps we need the flush out dip. Allowing more accumulation, late retail to get in and to show ETF investors that this is a "safe haven" asset akin to digital gold.
Crypto New wrap up!
twitter.com/BSCNews/status/1776365979234115693?t=3tJvOLC9xbLE7gzeK8NRlA&s=19
Satoshi still remains unmasked thankfully, as I feel that could have been a potential Black Swan event for Crypto if the largest holder and creator of BTC were to become known....
twitter.com/WatcherGuru/status/1768272198551101748?t=0hd2rPXO11sApaO1fikEcg&s=08
Blackrock's Ibit ETF (+52k $BTC) and Fidelity's FBTC ETF (+46k $BTC) trusts have now accumulated more than $ 4.46b Bitcoin and hold over $ 2b worth each.
Microstrategy played thenlong game and have 128k $BTC. But these ETF's are quickly catching up, as an average of +$ 370m Bitcoin are being purchased every day on average.
When will the supply shock take hold? Will it be in conjunction with the Halving? Could this be a Supercycle year?
With so much macro uncertainty, financially, politically and globally worldwide. We can never be sure to avoid potential black swans but the set up for Crypto Assets in 2024, has great potential.
Blackrock's Ibit ETF and Fidelity's FBTC ETF trusts have now accumulated more than $ 4.46b Bitcoin and hold over $ 2b each.
An average of +$ 370m Bitcoin are purchased every day on average.
When will the supply shock take hold? Will it be in conjunction with the Halving? Could this be a Supercycle year?
Multiple Blue Chip mainstream companies will be posting earing reports at the same time as US consumer reports.
Both Crypto and Stock markets could be volatile upon Trader reactions to both sets of news. Trade and tread carefully this week!
twitter.com/Investingcom/status/1751606050934198722?t=7Xc37W2ti4vV9Gm5qgjSjQ&s=08
A lot of Trad-Fi events happening this week to take stock of.......keep you eyes peeled! 👀
twitter.com/Investingcom/status/1751606050934198722?t=7Xc37W2ti4vV9Gm5qgjSjQ&s=08