#Saylor calling #Bitcoin to 1 million without a bear market between now and then. That’s the kind of statement that makes me think that #BTC may consolidate at the current top while altcoins get a run.
Also, interesting how he’s doing the math that Bitcoin must pop because of the differential between the BTCs acquired by institutions/companies and the supply sold by miners.
Obviously, there are bigger sellers than just the miners or BTC would be much higher by now. Probably some OGs are taking profit but if Bitcoin ends up topping here, there will be a lot of suspicion that BlackRock and Strategy lends significant amount of BTCs to short sellers.
LogicallyMinded
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Crypto trader. Independent thinker diligently working to move the Overton window closer to the truth. Advocate for decentralized governance models and freedom tech. Banned from Twitter for denouncing the vax pass. Don’t follow if you can’t handle the truth!
XMR: 88RzWHVvdifJHwf1nsfVBrLYm8D5hFUcWHMtPK8F3TkzLLe2rqHkfNAUBQ2dSU1tTQenfSoXtqnxSMNiCaMekZ6wUMWtgnB
#DEI norms for recruiting is an attempt to weaken the performance then the credibility of the professionals in various fields as to increase the acceptance of the idea that maybe the society will be better off if we replace them with specialized #AI.
I have so much #psyop fatigue that I don’t even care to figure out whether or not the #Trump / #Elon feud is another one.
Imagine every time retail buys #BTC on #IBIT, it’s more #Bitcoin for BlackRock to lend to short sellers to dump on the market. Buying and holding on centralized exchanges is literally playing against your own position. Self-custody is the only way to beat the system.
Can anyone prove that #MSTR and #BlackRock don’t lend a fraction of their #BTC holdings to short sellers?
If not, then those actors are toxic to the #Bitcoin ecosystem as they undermine the auditability of Bitcoin.
A boycott should be called on institutional BTC holders that can’t show proof-of-reserve.
The #DigitalID surveillance stack will be implemented on right-wing narratives (protect the children, track the illegal immigrants, ect.) so the left-wing politics can take full advantage of it.
#SurveillanceState
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Here is an update on the #Bitcoin price forecast:
I usually don’t update these forecasts very often but I had overlooked a bearish option which I think has a high probability of playing out.
Path 1: 45% probability. This is the bear case in which #BTC would range between $70k and $120k until at least the end of 2027. The current high would hold for the time being and the price would start retracing to low 80’s/high 70’s. We would still see a final leg up that may take the current high marking the end of this bull market cycle. This path is the best fit for what would be expected of a typical 4-years cycle in terms of price and time.
Path 2: 35% probability. This is the bull “supercycle” case. We would see a retracement from the current high to the $94K area. Then we would continue upward towards higher highs. This bull cycle could end in early 2028 at a price around $230K which would constitute an atypical bull market.
#Trading #Tradestr
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View quoted note →#meme #memes #memestr #Saylor #MSTR

