BTC

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.

Usual_Suspect8663

I think when the money flows out of AI it’ll cycle back into BTC, we shall see

We_DemBoys

I'm call BS because you sound like a novice investor. You supposedly bought an entire BTC and now you're asking social media to decide 🤔 ??? Go ahead and sell it.

Nobody_wuz_here

We are in a massive AI Bubble. Sooner or later it will pop and BTC would likely go down more. I do believe BTC will see a million dollar at some point in our lifetime, but that would require disciplined HODL in which you may clearly lack.

ShittingOutPosts

lol what are you talking about? I’m not even on discord. I’m holding BTC because I understand its significance.

read_more_comments

I think these days it's mostly leveraged positions that create volatility. There's no reason for anyone holding BTC to panic sell from here to get us down to 40k. I wouldn't, would you?

bailaowai

Bro, I would be thrilled if my kid asked me for money to invest, even if it was speculative. The typical 16 yo is asking for $500 to buy a ticket to a concert or pick up a pair of shoes they like. Now, if you look up my comments you’ll see that I’m very much not a believer in BTC, but I strongly support having conviction and taking a position based on that conviction. Go have the convo.

Wisguy123

Only "invest" what you are willing to lose was the best advice we have all received at some point in our lives. Most things are also going up in the stock casino, so best sell when you have a good profit before the whales who are actually moving the market take profits and leave you holding the bag. This isn't some BTC breakout moment, it is the pool shark getting you to put more money on the table making you think you will win.

read_more_comments

I would go to lunch with BTC just making a new high, and as I ate, the price kept making new highs. It was thrilling and seemingly endless. 2025 felt boring and underwhelming by comparison.

Mysterious_Sleep7443

Why dont you sell your BTC you cnat just hold onto your entry point at 800$ that is a Fin joke to live that way So you have been saying that you are up XXX for the last 10 years on Reddit/Discord scam site Noone talks like that afyer a 10 year hold when you should of cashed out at 125k that is a meaningless way to like You probably have your lunch money saved since high school and have never bought a thing in your life except Hopium, cocaine and Adderall

Candid-Walk-6762

You should only be investing amounts of money that you’re ready to LOCK in BTC for a minimum of 4-5 years (or whenever we make a new ATH). On the other hand, if you truly believe in BTC you should ideally never sell. Either way, stop selling the moment you see a little pump, this is for the long-term, make sure you understand that before putting any money back in

Narrow-Bee-8354

If you sold at $65 then maybe BTC isn’t for you? There’s going to be plenty more dips and runs.

id-ltd

When the tax man gets interested in Crypto Craig's activities, if you have made bank payments to his bank account you are on the hook too. Cah in envelopes are likely to go missing in the post... Or the recipient may claim so... Trade with friends privately, or meet face to face in public places and use opendime or satscard for BTC transactions - crypto with fast confirmation could be on chain (if you trust your phone, ISP, etc) but it's a pain.

downtherabbit

Why did you sell? Look at that. And if you do decide to invest in BTC make sure that the events that led you to selling dont happen again. E.g. maybe start a small DCA with money you tell yourself is already gone and you will never get back. Then try to never consider selling.

Fantastic-Phone4499

Cause they sold and are looking for lower entry or they want to fud retail out of their bags while they continue to accumulate so retail buys higher. Once we hit 100k they will say is going to $350-$500 but will be selling from 150k to 300k. If BTC even hits 300k at that point they tell you top is in and need to sell. Top influencers are always wrong. I been expecting the pump since February. Crypto supercycle is coming. Alts will out perform BTC this time. AI, RWA, and Privacy are the sectors to watch.

gororuns

Still it might not prevent their shareholders from selling their stock, which is set up in a pyramid model. Even if BTC skyrockets, there's a high chance all the preferred shareholders sell first, the MSTR stocks are at the bottom of the pyramid and left holding an empty bag.

TimmyXBT

Vexl is big in Europe. They are always at the BTC / Prague events

twincam-110

I will take a bull run if it happens and love it! BTC is dead! However, i kinda like Cowans thoughts on another possible pullback so I can increase my dca. I have been learning about short squeeze in the last few months and markets are an interesting topic, wish i had got in as a young man

UlysApp

I probably wouldn’t borrow money to buy BTC, especially without steady income. Even if you’re confident you can pay your dad back, the price could drop another 30–40% and now you’re sitting on a loss while still owing the full $500. Even though as your dad, he probably doesn't truly care if you pay him back it'll just be less stress on your mind 😉 At 16, you’ve got a ton of time! I’d rather just buy smaller amounts with money you actually earn. Youll learn way more this way as well

MANOLOLOLOLOLOLOLO

Hope OP is still alive after today's insane BTC pump.

SatisfactionFinal287

Maybe wait until then to buy some BTC. It's important not to spend money that isn't yours. Being debt-free should be the starting point.

RoughAttention742

I agree that you should not borrow to invest. You’re not borrowing from a bank but your BTC ‘investment’ is so low, it wouldn’t matter imo. You usually invest after you have 1 or more income streams coming in. You could also try borrowing a $100 a month and DCA that just to build a habit. Once you have a job, use your own money and pay your dad back.

Verditure0

Yes I buy the bitcoin pizza. Yes I make that legendary moment known as I don’t want to change the timeline. But then I buy another 10k BTC and sit for 10 years

tres_pares

I agree here, my AI said we are in bull market already (at least for August) What would change the call: This becomes a genuine bull-market claim when Bitcoin holds above its 200-day SMA and reclaims the $75,000 level, which markets on Polymarket are pricing at 65% Yes for August. The tripwire on the downside is $64,575, the 20-period SMA. If BTC loses that with RSI at 83, deep in overbought territory, the squeeze unwinds and the "higher low" structure breaks. Push toward $77,500 (Polymarket's 31% Yes) and you have real confirmation; fall back under $64.5K and this is the fourth failed rally of the year. The $52 trillion stablecoin figure in the data is clearly an error strip it out and use the falling 30-day stablecoin trend (-2.63%) as the read on dry powder, and that trend is shrinking, not building. https://preview.redd.it/6m129r2mwlkh1.jpeg?width=1170&format=pjpg&auto=webp&s=c6a10fada1739a2b847812b813584762149ed5b9

Lengurathmir

Yes first time in 27 years that I ran into another car. I’ve had my license 27 years. Sucks, I also previously sold some BTC when buying a house and ran out of money for bills including structural house inspection before signing the contract. I guess you can’t live in a Bitcoin and you can’t drive around in one, but depending on your state of mind you sort of can.

riscten

In most places, if you ever sell BTC while you're in the green, you'll be taxed on the income. A significant portion of your gains just gone. If you buy the ETF in a tax-sheltered account (the whole point of the ETFs IMHO) like a Roth IRA, there's no tax. The management fee is peanuts considering how much you'll save (assuming BTC goes up of course). If you really plan to never, ever sell, and only leverage your BTC for loans, then sure, raw BTC is debatably better. Also a better bet to de-risk against government seizure.

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.

TheMidNightHammer69

Bull because one regard just lost 3 million shorting BTC in 14x short literally hours before it jumped...

sssssssssssssss5s

"I know people literally live off it buying Amazon and Walmart gift cards to get just about everything." What a wonderful world of decentralized finance when I can exchange my anarchy funbucks for Big Corporate value! Get real, if BTC was being used as a currency and not being used as an economic game of chicken, the price wouldn't be this volatile. But being real is not something the world of crypto encourages.

PressureCoomer

Isn't he saying he'll do 10% per month, but this post was only from 6 days ago? So isn't it likely he hasn't even sold any BTC yet?

JuxtaposeLife

I took the DCA suggestion to heart this cycle after the stress of trying to time the bottom in 2022 and chasing into 2023... I can report it feels so much better to have DCAed (twice monthly) this entire year increasing below $70k with plans to double it if we spent more time below $60k. I have no regrets this time, no anxiety to chase, feel better about my average entry as price moves back up. Probably helps it's my second cycle too and my average being below where BTC would ever go. I had 12 DCAs between $59k-68k spread out from Feb through this month. Hard to tell if I'll ever get a 13th under $70k. Cheers.

L4gsp1k3

I know this is a Bitcoin group and most of us are pro BTC. I’m not here to argue against that. But I think it’s worth acknowledging something. Bitcoin being used as an escape route from regimes or regulations isn’t always good for Bitcoin itself. Hear me out. If Bitcoin grows because people genuinely use it for a solid purpose, like savings, payments and storage of value. But if Bitcoin’s main use becomes escaping governments, sanctions or regulations, then it also becomes a target. That’s the kind of use case that can trigger bans, restrictions or aggressive regulation. Imagine that BTC is only accepted to be converted to local currency in countries that you don't want to flee to.

drew2f

IMO Shorts were squeezed when someone in Trump's circle leaked his notes for yesterday afternoons presser. There is also a chance this has something to do with Bessents comments about buying long bonds, but I think it was partly that, partly a leak and partly a squeeze. Nasdaq and SPY down and BTC up so much seems odd to me.

JimmySki6166

How are you feeling today? BTC has been on the rise.

thejourneymanfm2024

I think with time BTC will have lower cycle peaks and smaller drawdowns. It’s maturing as an asset so it’s normal that volatility decreases over time.

z0dz0d

He has a solid plan there, because i did the opposite a week ago (shifted a bunch from SPY to BTC) and we all know how that turns out.

Xxshark888xX

Yes, I had several clients from the USA and Canada, I've used Wise, had 0 issues and low fees. Still much better than BTC.

OliveLegitimate3236

ever tried to send something oversea? 🙃 North American and European banks use different domestic payment system. Canada here: very easy to transfer funds to anyone with Interac for example, but I let you imagine the pain in the ass and fees I need to pay if I want to transfer money to my sister in Italy, plus the spread. It's a theft with SWIFT between banks. At least BTC is one global protocol and that's it. Query ChatGPT regarding payment rails on the whole planet: there are domestic, regional AND international payment. It is the Tower of Babel of Pieter Brugel.

PJRocks8

It is possible to swap BTC to ETH with [switcher.finance](https://switcher.finance/?p=swap) however, wBTC is custodial. Just select Bitcoin > Ethereum, click and swap. It takes seconds and it's fully decentralized.

OliveLegitimate3236

We thank you for your service! and congrats on planned marriage and house purchase, as rare as a BTC to engage on both nowadays!

pydev99

MSTR sold a very small percentage of their BTC. The true test will be if/when they sell a large percentage of their BTC.

Lavayo

You buy 100k BTC and realize in 26 you are a legendary megawhale that would crash the price if you sell a satoshi.

TheBestintheWest11

microstrategy sold how much BTC last week????? lol

Lefties_TheWorst7331

BTC only

oneden

Feels indeed like a low-effort shill post. I guess now that BTC had an upswing people need to push for crypto products again.

lenissius14

If you ask a bull, they will claim that the bottom is already in because they are actually looking for the oposite, they want BTC the rally towards the new ATH and all the arguments will always bias towards that goal...so nope, lol, there were already 2 consecutive times in the current bear market/BTC Crash where people claimed that we have already reached the bottom ( and we are currently testing a third one) just to have another leg removed....the reality is that nobody knows and even if this is the bottom, we won't even have arguments to support that assesment, in the end, time is the one that tells who is right/wrong. We can say that the bottom will be reached by October or that we now are going to start rally towards the new ATH, but only time will tell

1Tim1_15

Not any time soon. At this point it would take billions of dollars of inflows for that to happen. The only ways this would happen within 10 years is if many (if not most) people lose confidence in fiat and move to BTC, or all of the major economies start printing to such an extent that it makes the current printing look inconsequential. And in both of those cases, the economy would be so bad that we'd all have far more problems. But in 20 years, it could be possible and healthy.

sssssssssssssss5s

Dude looking at charts doesn't tell you shit. My god, you people are so deluded. Learn some things, we have AI for fuck's sake, you can access information so easily these days. Instead you guys just double down on spouting nonsense that you don't even understand. Why did BTC drop so much, if everyone can read the tea leaves? I bet you have some bullshit explanation that conveniently explains why losing half its value is great for BTC. Blockchain technology is great for two things, trustless financial transactions, and confusing non-technical people into thinking there is some extreme value hidden in the layers of computation that are only there for making trustless financial transactions. No one is using BTC as currency. That's the end of the story. Anything else is just a bigger sucker story. You buy it, then tell all your dumb friends to buy it. Its MLM for people who like technology.

waltotheter

BTC will never be unreachable, it only has only gone up, today that fact is still true.

IndependentSpeck

Debt is usually good when inflation is high. But a huge debt to buy more BTC? Risky. I'd just earn money and spend a small portion on BTC for a weekly/monthly DCA strategy instead. All the upside, much less of the risk.

Substantial_Shape824

Just buy BTC on margin

TheRadishBros

It’s way more than that. Doesn’t account for institutions, governments, owning far more BTC than an individual would be able to accumulate.

Quirky-Reveal-1669

I stopped caring about CEX fees since I realized that non-KYC BTC is much more valuable that what you buy on exchanges.

ColegDropOut

I’m just worried about how terrible life is when BTC hits $3m

SeriousGains

You buy the pizzas, then slowly DCA to 100,000 BTC spread over 20-50 wallets and then disappear.

whyublockme

If that 10,000 BTC pizza never happened, today's BTC price could very well be no more than $1.

sssssssssssssss5s

"Some weak hands" "my TA suggests" The level of expert commentary amongst the BTC bulls is the reason I stay far away from BTC

Arc_ClutchUp

Trump meeting with the big crypto companies definitely helped the price. I think a lot of people are gunning on the clarity act and that’s why we’ve seen so much stagnancy, however I truly don’t think the outcome of that will hurt BTC any… I agree with this being a small push I think the first bump was people looking at the meeting for regulation and the second bump was people getting fomo (aka paper handed ass people who sold earlier in the cycle). Furthermore I have also heard people talk about insider trading with clarity… idk how I feel about all that yet but definitely something to consider especially if they pass it. 4 year cycle is strong I know not everyone follows it but it’s like the farmers almanac I’m gonna tell you it’s true up until it isn’t anymore

Left_Entrepreneur918

Dude maybe I’m not making much sense, I don’t want a crash, I’m just more guarded as any small pump and the moon boys come out. I started buying small amounts in 2019 and got orange pilled in 2020 over the summer. Turned full maxi as I moved my entire 401k in using the cares act. Then again going all in after an inheritance in 2022, after replacing my floors for 35k. Wish I would have bought more btc instead of flooring lol. I’m now in a decent spot. No debt besides the house, cars and student loans paid off, I’m unemployed so BTC going up is a good thing for me as the job market in tech is shit.

ForsakenStretch6055

Its been almost three months of bearish action, so I’d expect BTC to push higher from here, potentially toward $78K. Some weak hands will probably take profits along the way, but I’m becoming more optimistic about the next few days. If BTC can hold $70K, my TA suggests we could see a bullish trend for the next 1–2 months.

DerkleineMaulwurf

they will use inflation to lower the debt, good to have some BTC

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.

HumunculiTzu

The price of BTC went up

C0Y0T3Z

I'm not the most avid "redditor" and didn't even know it existed until couple or few months back. I wanted to see what all the hate was about and man did I get my fill. What an incredible amount of time they waste over there hating on all things BTC