Not financial advice, quick summary on recent dump.
The time it takes for Bitcoin to reach new all-time highs varies, with historical recovery periods ranging from 8 weeks to 24 weeks. Currently, Bitcoin is at the 16-week mark, suggesting we could see a new high within the next 8 weeks. This pattern hints at the potential for significant upward momentum soon.
On top of that, major institutions like BlackRock and Fidelity have been actively buying up large amounts of Bitcoin, even in the face of recent market sell-offs. This aggressive accumulation shows strong institutional confidence in Bitcoin’s future, despite the short-term volatility. It’s as if these financial giants are doubling down on their belief that Bitcoin is here to stay and poised for growth.
For those investing, it’s maybe smart to keep cash on hand to take advantage of market dips. Buying when prices are down can be a great strategy, especially if you’re in it for the long haul. Holding onto Bitcoin, particularly in the second half of the year, could pay off significantly as we head toward what looks like an exciting period for the market.
There’s also some buzz about potential breaking news related to older Bitcoin coins, which could shake things up. While the details aren’t clear yet, it’s worth keeping an eye on any updates that might come out.
Overall, the outlook for Bitcoin is probably optimistic. We might see new all-time highs as soon as September or October, with the second half of the year shaping up to be potentially incredible for those who have stayed invested.
This could be a pivotal moment for Bitcoin, with big opportunities ahead. #Bitcoin #Investing #Finance #NoZaps #MarketTrends #InvestmentStrategy #FollowBacksAppreciated
Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing
The bank becomes one of several offering #bitcoin and ether #ETFs to Hong Kong customers despite relatively low demand.
Morgan Stanley pump incoming
"not your keys" ... Probably ... BUT Maybe just maybe it is a first step for many ... Eventually holding their own keys ... We all need to start somewhere.
LFG!
Hey #Nostr,
Is it possible to hit a 100 follower milestone in the next 48 hours?
I would like to slowly but surely increase my followers by the end of the day (9aug)
I do not want to run but rather walk in this journey.
I am looking for real connections not just numbers.
So if you are into health, money, bitcoin, productivity, reading, training, #longevity I can interact on all of those and open to ideas.
The Comma Club - feels so far but baby steps first.
A new #nostrich needs your help;
#nostr #grownostr #plebchain #gm #gn #bitcoin #btc #zaps #love #life #sats #hodl #plebs #freedom #einundzwanzig #dream #stacksats #satoshis #wisdom #pleb #nostrplebs #lightning #zapping #europe #onlyzaps #proofofwork #austriches #zapme #livegood #growstr #followme #bloomscrolling #boost #streaming #introduction
🧡🟠🟧💜🟣🟪
from the book "The sorrow of war"
When there is no currency man will make up their own....
the kitty in the context below is the gambling pot.
"The kitty was usually stinking ‘Compatriot’ cigarettes, made from wild leaves. Or, if the stakes were higher, it would be snuff, or pieces of flint, or the roots of rosa canina plants, which were smoked like marijuana. Or dried food, or photos; photos of women of all kinds, foreign or Vietnamese, ugly or beautiful, or anyone’s sweetheart. Any photo was valid currency."
I feel my #Nostr experiment is falling, little to no likes almost no follows.
What am I doing wrong? #AskNostr.
I promised myself at least 100 days on Nostr.