Bitcoin (Cryptocurrency:BTCUSD) News

Sorry Bitcoin is going to Zero! Backed by Nothing!

Great post! Thanks Buddy!

Nutshell:

THE FUTURE OF BITCOIN 🔮
By 2040, every corporation can expect to work with Bitcoin in some way.

That’s the latest prediction out from Michael Saylor.

Saylor
In his latest interview, Saylor broke down exactly how he sees the future of Bitcoin playing out.

The approval of the Bitcoin ETFs in January 2024 is the beginning of the corporate adoption era.

“2024 kicked off the era of corporate adoption and institutional adoption of Bitcoin.”


Michael Saylor
Saylor believes that 2024 - 2028 will see major banks around the world become Bitcoin custodians:

“This is the period when we’ll see some major banks. Banks in South America, banks in Europe or banks in the US. They will become Bitcoin custodians. Who will be the leader in that space? We’ll know by 2028.”


Michael Saylor
2024 - 2028 will also see large corporations adopt Bitcoin as a treasury asset.

Saylor explains that large corporations typically move VERY slowly on big decisions like these. (think about the number of compliance meetings…)

But as Bitcoin becomes more mainstream, it’ll be clear that it’s the right move.

“This is the year when you’ll start to see large corporations adopting Bitcoin as a treasury asset. We’ll have fair value accounting and it’ll become much more normal. You’ll start to see a universe of 20, 30, 40, 50, 100 companies that have some Bitcoin exposure.”


Michael Saylor
Beyond 2028, Saylor is forecasting “breakneck growth” for Bitcoin.

The next 12 years (2028 - 2040) will see Bitcoin become a growth industry.

And every corporation can expect to work with it in some capacity.

“From 2028 on to maybe 2040… That’ll be just breakneck growth… That’ll be the growth years… From there it will be a growth industry… Every corporation will expect to work with it. Everybody will understand it.”


Michael Saylor
After 2040, Bitcoin will be 30 years old.

Saylor makes the comparison that this period will be like the first 30 years of the internet.

So in Saylor’s opinion, it sounds like we’re still extremely early…

'At's why we said "YIKES"......

Yikes plays out........(immediatley AFTER the markets close).........ETF Holders so continously "vulnerable" !

And do ya' think that would APPEALING to "institutional" investors ????"

I just don't think they'd fancy that.





Today also ought to be affecting th 50 day.....This being from a couple days ago ; "It depend on 50 day"




Also (then) ;






'At's why we said "YIKES"......







.

SHIBA iNU USD !........Go God GO !

BTCUSD 05-08-24



Yesterday's close on the lows suggests long holders were liquidating their positions. No demand trigger yet. Volume is still very low. Waiting on a catalyst for demand to enter long. Most likely, price has to go lower to stimulate demand.

nutshell:
HERE THEY COME 🤑
BREAKING: Susquehanna discloses $1.3 billion in spot Bitcoin ETF investments

Bitcoin
Susquehanna International Group has just disclosed $1.3 billion of investments in Bitcoin ETFs. 🤯

Susquehanna is one of the largest companies to invest in spot Bitcoin ETFs today.

Estimates put their assets under management at ~$481 billion.

This disclosure comes from a 13F filing with the SEC.

A 13F is a mandatory quarterly report required from institutional investment managers with at least $100 million in assets under management. These disclosures give insights into current equity holdings.

Here’s the breakdown of Susquehanna’s Bitcoin holdings:

17.3 million shares of Grayscale’s GBTC: $1.1 billion

1.3 million shares of Fidelity’s FBTC: $83.7 million

583,049 shares of BlackRock’s IBIT: $23.6 million

560,832 shares of Bitwise’s BITB: $21.7 million

508,834 shares of Ark’s ARKB: $36.1 million

256,354 shares of VanEck’s HODL: $20.6 million

255,814 shares of WisdomTree’s BTCW: $19.3 million

166,200 shares of Invesco’s BTCO: $11.8 million

192,391 shares of Valkyrie’s BRRR: $3.9 million

(This filing also only discloses purchases made up until March 31st, 2024)

Did you notice one of the Bitcoin ETFs missing from the list?

Susquehanna is currently invested in nine of the ten Bitcoin ETFs on the market.

But, Franklin Templeton’s EZBC didn’t make the cut… (ouch)

We’ve heard from many of the ETF issuers that institutional investment in Bitcoin is only just beginning.

And here it is, the first of (hopefully) many LARGE company filings. 😎

Fill sorry for you rookie https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174372336

Yikes.

SUKU BITCOIN OUTLAWS - GREEN GRASS & HIGH TIDES $100,000 TARGET

BITCOIN WELCOME TO THE MACHINE $100,000 TARGET

When they jam on us, we jam on them BITCOIN AI-NAAFYISH $100,000 TARGET It’s gonna come fast

SUKU BITCOIN BONK BONK KUNG FU FIGHTING 🥋

BITCOIN YEAR OF THE CAT

BITCOIN Cat Stevens Morning Has Broken

Agree youre chart suck 😎

My charts suck






Yesterday :






Yikes




My charts suck






Summary,

curios why you ask? I am an investor, i have learned to fall in love with no stock, follow no lemming, listen to no wanna bees who hide behind a handle, do almost the opposite of 95% of investors who lose money and only brag in those 1 in 20 wins. Bulish....I am still anti-crypto, there are thousands of junk, garbage, hollow, non productive and no profit cryptos. I speak for none of them. there is value, but its maybe 1% out of the many i have looked into.

Curious, I thought your were anti-crypto? Why are you bullish now? You think xrp is THE ONE? What about BTC? You own xrp?

Your charts suck




Didn't your parents ever teach you any MANNERS ?


.

buy when trend says up, of course there are so many variables to consider since there are so many bias opinions, do ur DD. if you want something that is suppressed price, go with XRP, IMHO its the most undervalues crypto block chain in the world right now, why, the world will be using it, if and when SEC takes its little thumb off of it with its Nepoleon complex Administrative actions, it will soar.

wondering if a good time to buy?

Yes........Displaying the price, is a very BAD thing to do !.......

* Or, at least that's what certain "boneheads" like to claim.......










Y'see, what happens to people like me (they claim), is that I start to "hallucinate" stuff, etc.



.

Oh ?........And in what way do my charts (as you describe them) quote "suck" ?......

In the way that they keep on displaying THE PRICE ?........

Yes, that is realy, really BAD of them isn't it ?........hahahaha.......

Man !........Just what the hell's WRONG with you people down there ?.....What a buncha XXXX heads.







2 sessions earlier ;






Yes........Spikes like this here are REAL BAD to be displaying !






Only certain types of "people" love to claim that that's true......
They're known as social media Trolls

.........

Sounds like you’re holding a hateful grudge
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174110891

nutshell:
BITCOIN AS STRONG AS EVER 📈
Bitcoin’s long term trend indicators are at their highest ever levels.

Today we’ll be taking a look at:

🟢 200 Day Moving Average (200DMA): sums the last 200 days of Bitcoin’s closing price and divides it by 200 to smooth out fluctuations

🔴 200 Week Moving Average (200WMA): same as 200DMA but uses weekly closing price instead

onchain
The 200DMA just hit an all-time high of $50,087.

And the 200WMA also just hit an all-time high of $34,142.

Both of these metrics suggest a long-term bullish outlook.

What’s more is that Bitcoin’s price has been trading above both of these indicators since October 2023.

Once again suggesting a bullish outlook.

(The opposite is also true - Bitcoin trading below these indicators is bearish)

Speaking with CNBC, Anthony Pompliano mentioned this breakthrough:

"Bitcoin’s 200 day moving average just hit a new all-time high. Don’t get lulled to sleep by Bitcoin going sideways. The long-term thesis is as strong as ever.”


Anthony Pompliano
Sometimes you have to look past the short-term volatility.

Over the long run, Bitcoin continues to trend upwards.

It may not feel like it right now but Bitcoin is as strong as ever.

Nutshell:
BITCOIN IS THE ANSWER 💸
Government debt is spiralling out of control.

The only option?

Bitcoin.

That’s the latest message out from Larry Lepard.

Larry Lepard
For those of you who don’t know Larry, he’s:

Founder & Managing Partner of Equity Management Associates

Graduated from Harvard, with 40 years of finance experience.

Huge sound money advocate (money that cannot be printed) - previously focused on gold but now his attention has shifted to Bitcoin

In hist latest interview, Larry explained that the need for sound money is more important than ever.

More and more people are realising just how bad the current situation really is.

“The world wide awareness of the problem, the problem being too much debt and too much money printing to cover the debt, is spreading. As it spreads, people naturally say to themselves that they need to invest in things that the government cannot print. Gold and Bitcoin fit that model.”


Larry Lepard
And the problem is only getting worse.

Checkout this chart first posted by Larry back in 2019.

The blue line generates income to pay for debt interest on the red line…

The gap shouldn’t be widening like that…

debt chart
Larry first posted this to Twitter on October 15, 2019

U.S. Government debt is getting out of control.

“The US federal debt is growing at ~10% per year and US GDP is growing at ~2.6% per year. That’s a problem because that GDP is what’s used to pay that debt and at some point there’s going to be a day of reckoning.”


Larry Lepard
As more and more people come to understand this issue, Larry believe’s they’ll turn to Bitcoin as it’s the only option.

According to Larry, the next 10 years will see Bitcoin’s adoption level explode.

“The next 10 years is going to be the Bitcoin gold rush. From 2024 to 2034 the entire world is going to come to embrace this thing.”


Larry Lepard
Continuing on, Larry explains:

“What we’ve got here is a form of money that’s superior to government money. And if you look at history, the best technology always wins.”


Larry Lepard
To many, Bitcoin is hope.

Clickbait bullshit! next

TRUE!

Agreed.

100% bullshit, next

The Big Crash before the Golden Age

If a person self-talks as part of a hallucination, they should seek help from a healthcare professional. Self-talk and hallucinations may indicate a mental health condition, such as schizophrenia. A person with schizophrenia may experience changes in their behavior and thoughts, such as hallucinations or delusions.

hahahaha no they don't - YOU do
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174299268

Your charts suck

66,666 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174300983


Soon after sunk to 57






But that's what the 666 looked like

Bitcoin- ZERO by 2025. NO Crypto BRICS network.

Coffee Time - Wakey wakey !.........Anybody out there ?.......Hello ?
Buncha frickin'......
Atherur Hayes is generally very good but there are some problems with this interview - Can U spot them ?

BTCUSD 05-07-24



This past weekend was the first time I've looked at price action for bitcoin over a weekend. Not surprisingly, volume very low and the small range of the daily bars showed a lack of demand. Yesterday's close was on increased volume and showed selling. So for me, the rally was based on short covering. No trigger to go long yet. Price will probably have to go lower to stimulate demand. The volume for this month so far has been pretty low in general so I'm trying to find out what catalyst events there are coming up for bitcoin. I still don't have any real use cases for bitcoin to justify long term holds so I'll be viewing it as a digital store of value that can be traded. Maybe bitcoin futures contracts are the best way to trade this asset.

Let's see how the week pans out.

Reason ?......Why ?.........See post which this replies to,

Crypto bout to have a bad day...?

Btc about to change its pattern
Ukraine is finished

Looks can be deceiving in our world

Just sayin'.......


And / or actually no - Wait - Or else THE 62 would just become its' next "test"......




Might STILL just be "all-about" The Zone of Excitement ; The 64 / 62 - Great (Algo) Zone of Excitement





Tuesday April 30th .....Oooops got these numbers wrong - Should've been flipped





.

Lmao so true

50 day 100,000 64





2 weeks ago ;



This morn.



Saturday - 9:00 am




fwiw - I know.....Bit hard to "follow" but IF one TRIES one CAN

nutshell:
ARE WE EARLY? 🤔
We get asked all the time:

Isn’t it too late to get started in crypto?

And that couldn’t be further from the truth…

Today, we’ll show why we’re still early.

To do that we’ll be taking a look at the classic Bitcoin HODL Waves.

Each coloured band shows the percentage of Bitcoin that last moved within that time period.

As the colours get cooler, the age bands get older (yellow being the oldest, representing coins last moved within the last 3 - 6 months).

We’ll just be focusing on short-term holders today.

onchain
Here’s the breakdown:

24hr: 0.48%

1d - 1w: 2.38%

1w - 1m: 3.60%

1m - 3m: 13.43%

3m - 6m: 6.32%

That’s ~26.21% of the Bitcoin supply that has moved within the last 6 months.

Which leaves ~73.79% of the Bitcoin supply having not moved in 6+ months. 🤯

That’s an insane amount of the supply not moving.

We like to use this metric as a FOMO (fear of missing out) indicator.

As the price of Bitcoin increases, the amount of short-term holders also increases.

This is due to long-term holders deciding to take profits by selling their coins. (This makes those coins “young” again) 🤑

You can see in the chart above, it begins to spike as Bitcoin reaches new highs.

Although, each spike has been smaller than the previous one. Which means the amount of long-term holders increases with each cycle.

With such a limited amount of Bitcoin available for sale right now.

So yes, based off this chart, we’re still early…

nutshell:
BITCOIN NETWORK MILESTONE 🏆
BREAKING: Bitcoin reaches one billion transactions

Bitcoin
The Bitcoin network has just hit a huge milestone.

After 15 years, the network processed its one billionth transaction. 🥳

The 1,000,000,000 transaction was processed in block 842,241 at 9:34pm UTC on May 5th.

saylor
Bitcoin’s first ever transaction took place on 3rd January, 2009. So this milestone comes 15 years, fourth months and four days after Bitcoins creation.

On average the network has processed 178,475 daily transactions over its 5,603 day existence.

Bitcoin transactions
This milestone also doesn’t include any transactions made on the Lightning Network - this is strictly layer 1 transactions.

And it reached this milestone without a single government, bank or corporation in control.

An absolutely massive achievement for the network.

And we’re only just getting started.

It depend on 50 day

Interesting 100K prediction IG:
https://www.instagram.com/p/C4SIEeHuen3/

Bit coin stats vs gold: IG
https://www.instagram.com/p/C4AB0IBuzuB/