These tops aren't nearly as violent as they used to be.
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So you're telling me we're goi g higher, faster
ATH for ants 🐜
Too much paper Bitcoin.
literally
2013 top was 11x, 2017 was 6.3x and 2021 was 3.4x the power law expected price. We're now at 1.125x so even with diminishing returns this should not be the top.
Because is not a top. Everyone is watching BTC/GOLD.
No way to know. But also, no reason to suspect that's true. Issuing paper Bitcoin is a seriously risky venture when the underlying asset is easy and cheap to self custody, can be sent instantly, and is verified every 10 minutes.
Let’s hope the bottoms aren’t either
Bull Market for ants as money mangers rebalance everytime Bitcoin pumps. Paper Bitcoin Summer.
ETF flywheel??
Yes, but tons of new capital is holding BTC within exchanges and treasury companies.
They will eventually get reck and then price will skyrocket when everyone realizes Bitcoin is scarce.
Just like FTX.
Wait for it
Is this true?
I’m new here.
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