BTC

Btcyoda

At the moment we are holding some ~20,071,518 BTC.

unknowngloomth

I doubt people DCaed when BTC was like "crashing" they flinched. Now they're buying as BTC is going up like crazy

Tight_Cookie_9988

Only if you sell your stash of BTC

satoshisann

Been using revolut for 7 years now. Depositing from DNB without fees, then convert to EUR, then sepa transfer to nexo or coinbase - arrives within minutes. Then withdraw BTC to my hardware wallet. Never had any problems.

Fitz017

Completely agree with IcyLake. Nobody knows shit about short-term so DCA and chill if you believe in BTC. Guys like OP "waiting for the bottom" will just never go in and will miss gains just because they're afraid of being -10%. And just don't put money you need in the short-term, that's finance 101... Good luck all 🙌

Sea-Development-8046

No question about it. BTC will run a little more as the shorts crash and burn, but I predict less than 60k late this year. New ATH won't print until 2029. Patience has always been the key to BTC riches.

Sea-Development-8046

Short positions are still bleeding out, BTC will continue to run for now. I still predict < 60k later this year. We're not going to see a new ATH until late 2029. So, relax and HODL.

ecnenimi

How new are you to crypto? Not even remotely the biggest 20 minute candle I've seen BTC do. I've seen alts do 100% in basically a single wick.

corbiux

Tragic man, well, spaceX holds 19K BTC if that helps you swallow the pill

eiretaco

Yes you should buy, but forget about what happens on the curent bull run (and yes im comfortable calling this a bull run now) Buy it, if it goes down it down, if it goes up - thats great. I find it very hard to beleive BTC will never, ever hit an ATH again, if thats a month from now, or years from now, I beleive its more likely than not it will. So buy what you can afford to buy, money you can leave to sit for a long time. And stop stressing.

Worldly-Ad-1274

We had all this time to accumulate, luckily I got another 0.1 from February until now but I will continue buying until BTC reach 100k.I think that we will have another drop to 53k before we hit the 200k.Keep buying and same time keep some extra cash if hits 55-53 k to buy straight a big amount, this is my strategy at least I hope you find your way !

Laurenfc10

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Significant_Mousse53

How long have you been in BTC if this is surreal.

Salt-Animator-6283

the thing is it was the start and this is the momentum because of BTC coiling up around 62-64k for so long

rlf1301

How do you short BTC? Is it done with typical calls/puts via brokerage?

Salt-Animator-6283

Bro BTC has gone above 4k in 5-6 hours

Tallwhitedude123

And in 2023 the 10yr yield was high because the Fed was raising rates. Now the Fed has been cutting rates yet the 10yr yield is almost as high as it was when the Fed was hiking. Also, the 30yr treasury yield is at 19yr highs. Again, all VERY BULLISH FOR BTC because now the US government has to manipulate bonds to cap rates on the long and

Tallwhitedude123

Do you really think this will be only one buyback? Look at yields climbing back to the previous levels they were at before Bessent announced the buyback. This buyback was tiny. Much more will need to done and the smart money knows it which is why Bitcoin is SURGING relentlessly. Bitcoin has already surged past MANY key resistance levels, not just one. It’s also now above its 200 dma. VERY BULLISH BTC

Low-Equipment-2621

Hey team mate! I've sold my BTC in June and bought all kind of AI stocks, because they kept rising all the time, right? Well I got the exact moment they stopped doing that. Then a lot of them went down. Maybe I should let me pay by the people in this sub to not go back into BTC?

FabulousResearcher33

I mean BTC is still in an uptrend. The dip was just a pullback

ptrnyc

Who’s dumb enough to short BTC ?

Desperate_Branch1824

This. Been holding xrp and BTC since 2020 - never sold but it’s not like I’ve done amazing. Last year killed me

Tjb82261

A couple of days ago I was in the buttcoin sub and they were just saying how BTC has faded into obscurity.

lk1191

the only certainty in BTC is whales will always manipulate the market, and that means there will be big pumps and big dumps which is where the money is made.

Virtualization_Freak

In the last decade of watching BTC 10% swings in a day are common. I remember 30% swings happening. It made the wall street boys lose their shit. They get itchy at 3% swings.

Glass_Culture_6209

BTC is dead man🤣

zante2033

Of course they are. This signal is in tandem with the outflow of capital from Russia, there's zero chance they'll keep it in BTC. What's the point of moving wealth from one unregulated economy to another?

NoBrosCrypto

Getting a wallet begins with understanding hot and cold wallets. Hot wallets are designed for ease of use and transacting. Cold wallets are hardware wallets and sounds like what you have in mind. This will then be a matter of you deciding what you want to buy - a Trezor, Ledger, etc. Or Bitcoin only wallets like Blockstream Jade. I don’t have much experience with P2P. The times I’ve tried it, the prices weren’t competitive (people don’t like to sell at market value), so I’ll let others comment on that - especially private ways to do this rather than more centralised P2P marketplaces. In terms of how your crypto gets into your wallet - you need to understand that nothing physically goes in there. Your wallet just holds your private keys allowing you to sign transactions and prove ownership of your account. Your Bitcoin lives only on the blockchain as a record - eg. Account A owns 0.1 BTC, etc. Everything lives on the blockchain.

Antonio_928s4

I do not know, but I’m still -30% on BTC. Once it reach $100,000 I’m selling it all and I will move my money to QQQ instead. I do not care about “do not sell you Bitcoin” narrative anymore. I’m dead tired of its volatility.

quintavious_danilo

BTC is *hope*.

TheRadishBros

BTC is my retirement

bitplenty

Sure, but I believe that OP's premise is that we would see similar action on other assets and we didn't (not to a degree that BTC moved)

Scary_Ad4994

I just sold all by BTC, waiting for the bull trap to buy back in, was that a good idea ? Or am I missing out ?

qwertydcf

Everytime BTC drops now people gonna fomo buy in... and we are starting the bullrun now

Fast_Wind5198

[https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp](https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp) Almost every daytrader loses money. Over a long time horizon most of the profitable ones for a short amount of time eventually become unprofitable and lose money. If you're interested in crypto I'd just research the basics of wallets, BTC, ETH etc and start by investing a small percentage of your spare money into the big 2.

misterkhanna

You didn't lose that big honestly. This sudden surge in BTC is short lived and would probably max out at $80k. The real rally, as always would be after halving effects in Jan 2027. Contrary to most people here, I actually think Elon is the only person thinking sane here in terms of Data Centres. Look at the news : People are protesting data centres everywhere due to excessive resource consumption and pollution. Dems are strong and would definitely oppose Data Centres on "Earth". In that case, if Elon actually pilots and succeeds with a Data Centre Launch in space, then that would actually be the most cost effective and environment friendly solution with unlimited solar power, atmospheric cooling and virtually no real estate costs. Also, let's not forget that Elon is behind Paypal, Tesla, SpaceX (xAI) and this guy has a proven track record of innovating things that others can't imagine and succeeding at it.

nextlandia

DCA BTC. Make it automatical.

cubeeless

BTC to $400k!

hodler1992

For me it was vice versa. Sold my SpaceX position with 10% profit to buy more BTC before it pumped

denfaina__

Damn selling BTC and the periodic bottom to buy a giga overprices stock. My man <3

oneawesomewave

Are you sure you just wait for the dip? Everyone says so when numbers go up and once numbers go down the same people say they will wait for the bottom. This hasn't changed and will probably go on forever. Meanwhile what happened was foreseeable but not in the crystal ball way some people claim: you need to look at the growth of bets (longs and shorts) that are constantly made: these grow in particular when crypto goes sideways since some people are total doomers and other people become more and more sure that this has been the bottom. Then you just need a very small match that turns downside or upside to cause a cascade of sell-offs. What probably happened was that a minor incident in the US caused people to bet on rising numbers which then lead to increasing prices of shorts (bets on lower prices). People thus had to buy crypto because they were margin called. Lot of these are done automatically so many people lost fortunes in the blink of an eye. What you can learn from these events: don't gamble and don't buy the hype. The prices will correct at some point since there are a lot of longs that can be wiped out the same way leading to the exact same movement downwards and unless you don't understand what's going on it will feel horrible. Also: Many say you should simply buy when everyone else is in fear but in crypto there are many dead horses aside from BTC and ETH where people bought following this "guideline" and eventually everything.

Scottex99

Day trading is hard as fuck It’s the game of money, the most difficult game there is Start by buy some BTC and figure out how wallets work CEXs/Wallets work etc Then just google/AI/Youtube It can take years to learn anything of note and then even if you’ve seen multiple cycles like me, you might just learn that alts are probably a waste of time and end back up at BTC anyway GL

eiretaco

10% in 24 hours is good. Very few assets with a market cap.the size of BTC do that, and its still going

AlwaysMooning

The phrase “I sold all my BTC” never ends well. When are you dummies going to learn you can just sell some if you must sell.

SnooCupcakes6107

You guys are idiots. There are no fundamentals to support this pump in BTC. This is a bull trap to sucker in you desperate crypto bros. Did the Clarity Act get passed? Is a new CBDC announced? Nothing happened. Just fake pumping to distract you from the real rally in precious metals. A fake digital coin at $75k? Get real man. They just hacked and stole millions of BTC just a month ago. Wake up and invest in real assets.

Present_Let2487

Honestly, I’d start with the basics and avoid day trading at first. Learn how BTC/ETH, wallets, exchanges, fees, and market cycles work, then paper trade for a while. The goal at the start should be learning, not making money.

Igafann

BTC is up ? Thx we didn’t notice

MajorAnamika

Step 1) Buy a crypto. (BTC is always suggested here.) Step 2) Hope that it goes up in price. Step 3) If and when it does, sell it for profit. There is nothing more to learn.

diwalost

Don't be aggressive mate. He is just trying to warn you. There is all likelihood that BTC along with alts will go down in 4th Quarter of the year. Just be safe and invest for long term.

youngmind12

I guess this is what some BTC position looks like good thinf we are not too late haha

Mediocre-Monitor8222

\+10k eur since breakout If you bought you could already sell now with 20%+ profit 😂 So yea it was the time to buy, theres no denying that anymore, no matter what happens next. Even if BTC goes to 0, that was the time to buy

Comfortable_Sir2923

IMO BTC wont go anywhere... Crypto might shift more towards stables as we see in states a lot of work being done to make stables adopted more than BTC...

hodler1992

They will take profits and go into BTC

Comfortable_Sir2923

Make sense. Also 100k is easy to count. Like $1k = 0.01 BTC

Harfatum

I like this, and think that bringing equities and other assets onchain is gonna be huge. But tokenized stock trading isn't happening on the Bitcoin network so why would they be swapped into BTC? :)

vinikct

actually I’d rather check the shady gushi land website on your bio (I did it) than actually publish 1 by 1 screen shots, this is not how papers are done, Imagine Satoshi sharing BTC whitepaper “hey guys check it out, BUT WAIT LET ME UPLOAD 9 PRINTSCREENS ONE BY ONE BECAUSE THE CRYPTO SECURITY PARANOIDS WON’T READ IT” by the way clicking on forum links and downloading things was riskier then. If your setup won’t allow you to read the paper then you are not the audience.

DiamondHandsDarrell

The squeeze didn’t just come out of nowhere. Treasury moved to increase long bond buybacks, long yields eased, the dollar weakened, and BTC already had a couple days of ETF inflows behind it. That gave Bitcoin the initial push through the resistance area everyone had been shorting against. Once BTC broke through that level, the shorts started getting liquidated. When a short gets liquidated, the position has to buy BTC back, so that forced buying pushes the price higher, which liquidates more shorts, which creates even more buying. That’s how you end up with roughly $1.4B in shorts getting wiped out in a few hours and BTC basically going straight up. So the short squeeze was the accelerator, not necessarily the original cause. Now the important part is whether actual spot and ETF buyers keep buying after all that forced short covering fuel is gone.

Jolly_Line

You misunderstood - BTC at 27k. So 2x to 2.5x now, 4x at ATH. I don’t the watch is doing that appreciation

pjb1999

I'd sell 75% of my BTC if we do.

DiamondHandsDarrell

The squeeze didn’t just come out of nowhere. Treasury moved to increase long bond buybacks, long yields eased, the dollar weakened, and BTC already had a couple days of ETF inflows behind it. That gave Bitcoin the initial push through the resistance area everyone had been shorting against. Once BTC broke through that level, the shorts started getting liquidated. When a short gets liquidated, the position has to buy BTC back, so that forced buying pushes the price higher, which liquidates more shorts, which creates even more buying. That’s how you end up with roughly $1.4B in shorts getting wiped out in a few hours and BTC basically going straight up. So the short squeeze was the accelerator, not necessarily the original cause. Now the important part is whether actual spot and ETF buyers keep buying after all that forced short covering fuel is gone.

NoMaterial5115

also the 400-page SEC proposed rule on Tuesday that will entrench BTC in the US financial system

GEB82

BTC runs the show you fucking gimp…

21Moto

DCA2BTC - The bottom is irrelevant. I stack Bitcoin to hold less melting $s.

UlysApp

Basically, tokenized stocks put assets like Apple, Nvidia or Tesla onto blockchain rails. That means instead of stocks only living inside a brokerage and trading during market hours, they can potentially be held in a crypto wallet, traded 24/7, swapped directly into BTC/ETH/stablecoins, or even used as collateral in DeFi. The bigger idea is that crypto stops being a separate little financial world. If stocks, treasuries and other real-world assets start moving onchain, you’re bringing a massive amount of new money and liquidity into the same ecosystem crypto already uses. It just makes a lot of sense and the RWA/tokenized stock volume on robinhood chain, hyperliquid, etc..is already booming with little users compared to traditional markets. There's even people launching memecoins and pairing them with stocks so the token is memecoin/NVDA instead of memecoin/ETH for example. And you earn NVDA for holding the coin. It's pretty incredible.

Argyrus777

I told my close coworker at 27k, he decided to buy a Rolex instead saying it’s an investment. I asked him how much was the Rolex and I’ll put that same amount on BTC just to show him what he’s missing.

MarvinTAndroid

Bond market is potentially a factor driving skeptics back to BTC as they flee dollar and stock market.

UzItOrLuzIt

News flash, it can always get rugged. Any day, any time, any BTC lifecycle stage, any economy state. The difference for this cycle is that if the only significant current players are big money, it is a lot harder for them to rug each other, than it was in the past for them to rug retail. I believe the new game is to just crush one leverage level after another in order to accumulate a decent position, and then sit back and let FOMO do it's thing.

Kommandant_Milkshake

I think it’s in. My post earlier today going over this got removed for “talking about price” which is ridiculous. Anyway, I think it’s in because BTC has broken through and held above the 200 day MA, this signaled the end of the bear market in the last two cycles. I was hoping for an October low as well but I think that will no longer be the case sadly.

asherlevi

Oh you really got me there. If you were an adult who has lived life, you would understand how sad it is for someone to say the Bull market was the most exciting part of their life. Some people need to hear that they need to stop watching charts and live life. It’s a beautiful world, and BTC is nothing compared to the joy you can get from human interaction. The shutting isn’t needless, some people really need a reality check. And it’s more than just OP.

DDRaptors

Huge USD devaluation with Fed/monetary policy moves. BTC is listed in USD, so BTC go up in response. People betting against it get margin called, forcing buying to close short positions. Rinse repeat as more shorts blow up. This happens in BTC due to the ridonkulous amounts of leverage you can get on it.

Possible-Mud-1380

No. The Treasury bought us debt. BTC reacted. Then it looks like maybe a short squeeze happened.

MontyLeaKa

I chickened out and sold at $75k at a small profit. My thoughts: On the weekly it still appears to be an intact downtrend, and this huge candle is almost too good to be true -- obviously there was a huge amount of liquidity with all the bears and fear in the past months, so big institutions were always going to go liquidity hunting. This has now happened and all that yummy leverage has been liquidated at a historical level. RIP bears btw. The daily and weekly RSI look horrible with a bearish hidden divergence, and we have just smashed right into the 74-82k resistance zone. Strong power moves like that often have an equally strong pullback. There is now strong buying interest again in BTC after months of apathy; there is clearly a lot of liquidity/ stop losses <63k that may be the fuel we need to end the bear market. My prediction is some consolidation now between 74-82k. If I'm right this plummets back to the low 60s. If I'm wrong, then after a period of consolidation there is a smaller pullback, and it rockets above this resistance and reaches the next macro resistance at $93k. NFA just my two cents.

Ill-Sea291

That's too confident a conviction. Everyone sees the market globally is unsustainable. If there's a panic, BTC isn't safe either. It'll go up again, but I don't believe this rush up

Terver_pulse

I’m with you on this mate, if you look at the breakout or BTC, there was no key reaction whatsoever. Those levels are waiting in future. So yeah I agree with you

Potatotornado20

Yeah, BCBacker on YouTube called the bottom back in July: https://youtu.be/vsp93wDsn\_0?is=RJ873IJW9eZoh9cm I was buying heavily around $60-63k. Also we wicked under the BTC power law chart at $57k: https://charts.bitbo.io/long-term-power-law/ Everytime price touches the power law floor it’s been the bottom. Right now the floor is around $62.7k, so I don’t think we ever go back under that. I’ve opened up some 5x wrapped BTC long positions on Jupiter DEX that are safe from liquidation that I’m not gonna close till the top of the next bull cycle in 2029.

Effective_Tackle_195

BTC is up a lot in Euro's (or GBP, or CAD) aswell.

Odd-Fun-1482

I think it's caused a lot of people to see the mismatch in chart between most equities, and BTC. BTC stands to make huge gains very quickly, like equities stand to lose 2%. Yes, this is a FOMO pump. But it's a glorious one.

Rayl24

Funds went to gold and BTC but BTC has a much lower liquidity so it went up more. Not much to think about

AlbertiApop2029

>Starting at block \~963,648 (alpha), every address holding BTC receives a matching balance in eCash Current Block Bitcoin Block #963377

Efficient_Range1156

I’m 90% allocated, this pump has been glorious. Do I still wish for 50k BTC so I can YOLO the stranded 10%? you bet you’re sweet ass! Do I think we ever see 50k again HELL NO! scared money don’t make money, you missed your chance, have fun buying in at 80k+

jokers_wild_card

Being “sure” either way is a fallacy. It always “feels” like a trap, until it’s not. Or it always “feels” like hopium, until it’s not. Intuition means nothing in price action. Only thing that’s certain is 1 BTC still equals 1 BTC.

UlysApp

Hey! It looks like some others already warned about dms, etc.. so that's great 😁 The main thing to understand is the difference between keeping crypto on an exchange like that platforms you mentioned and **a**ctually controlling it yourself is: If your BTC/crypto is sitting on Kraken, CoinSpot, etc. the platform is technically holding the keys for you. That’s convenient, but it also means you’re trusting them not to get hacked, freeze withdrawals, go insolvent, or have some other issue. That’s where the whole “not your keys, not your coins” saying comes from. Self-custody means moving it to a wallet where *you* control the keys. The tradeoff is that now the responsibility is on you. Lose your recovery phrase and there’s usually nobody to call. There's some self-custody wallets out there like Ulys, Bread, etc.. that don't require a seed phrase though and instead use biometrics, etc...so recovery isn't as much of a nightmare. For under $1k I personally wouldn’t panic about it thought. Use a reputable platform, strong unique password, 2FA, and learn how self-custody works before moving anything or going this route. As the amount becomes meaningful enough that losing it would really hurt, a hardware wallet starts making a lot more sense. Biggest advice: don’t rush into moving funds just because people tell you that you “have to.” Learn how seed phrases and test transactions work first, then move a tiny amount before ever sending your whole balance. Good luck friend🙂

NW7l2335

Everything is up because the dollar is down. It’s not BTC specific, or even crypto specific.

pradabrrr

My previous gambling addiction made me depressed whenever BTC goes up, because it means I’ve gambled away even more money

UzItOrLuzIt

You are aware that less than 10% of US dollars are actually in circulation globally, right? The other 90% are "digital" and only exist as zeros and ones on ledgers. If you want to count those too though, then that is north of $23T...still $2T+ larger than a $1M BTC ($21T). However, bitcoin is a global currency so to be fair, it should be measured at the global scale. Global currency value, including digital components, is over $144T. That said, yea, $1M BTC is entirely feasible (<15% of circulating currency) when applied against that perspective. Quite a bit more BTC is held by non-Americans than by Americans so to only measure from a dollar view, and not a global view, is not good framing.

Ghola_Mentat

It’s been too long. I did not get into BTC to be bored 😂 This run’s been a good reminder of how fun BTC can be.

viberama977

Look at all the call options on BTC today and you'd take that statement back. The big boys are back and they want to play.

Suitable_Acadia_190

Crypto being "a good idea" depends entirely on the timeframe and how its approached. Long term exposure to something like BTC is a very different conversation than trying to day trade alts for quick income, most young people get pulled toward the second one because its more exciting, and thats usually where the losses happen. If youre genuinely curious, start by learning to read price and volume together before risking anything. A Complete Guide to Volume Price Analysis is a solid starting point, costs a few dollars instead of a monthly subscription to someone's discord. Being young is actually an advantage here if used right, time to learn properly before real money or real responsibilities are on the line. No rush needed.

Quantrall

No BTC bears in sight!!!!

WarniCator

You should’ve listen to the Bitcoin CEO and buy. Joke aside I don’t know if it’s satire or true but *waiting for BTC to bottom* is unpredictable. You got proof right here. DCA and chill my guy.

casualgamerTX55

Lets see.. surprise doubling of bond repurchasing by the US Treasury... the President shilling crypto including BTC more than ever.. the AI stock trade getting exhausted.. and the US national debt hit $40 trillion..

SoCallMeDeaconBlues1

Yep. This is exactly why I gave up any leverage on BTC a long time ago. ✌️

JimmySki6166

Never too late to purchase BTC

_LakeCity_

It’s easy to answer your question. Pull up the lifetime SOL:BTC price chart. What do you see? You see it dying against the value of Bitcoin, long term. Now, pick *any other Altcoin* and do the same thing. So the answer? Only buy Bitcoin. As much as you can afford.

justabitdangerous

P2P sounds more practical than trying to find another CEX that skips KYC. Gamdom is another crypto use case, although it’s obviously a different thing from buying BTC privately.

Impossible_Guide_12

1. Don’t go to “buy someone’s class” it’s a bad idea and they usually trade. 2. I like crypto personally but you can’t just buy whatever. Obviously bit coin is good the goat in fact but it’s expensive. 3. Crypto is very volatile one year it’s up 1000 percent next year down 80. I’d recommend learning what they crypto cycle is how it plays off the but coin halving and no buying anything that’s gonna tell you you’ll get rich in a month. Look at BTC ETH SOL etc cryptos that have in turn stocks (etfs) in my opinion will be the “safest”

verysillyman

Holy mother of god BTC, up a clean 10k in 2 days

Totallynotfakenews

Papa BTC, stop already! My face can only melt so much

JimmySki6166

Any time is a good time for BTC. It’s going to the moon in less than 5 yrs!!

Savings-Following232

I’m in a similar situation. I wanted exposure to BTC in my portfolio, so I invested the equivalent of 3 coins in FBTC at 63K. I did this because my 457 plan doesn’t allow direct investing in crypto. I’m not going to sell because I believe it will hit 120K by the EOY. One of the reasons I believe this is due to the out of control bond market and the approach the government is taking in buying back the bonds, driving the USD down.