Bitcoin (BTC)

How real bottoms form. People want to know if this is the bottom. The truth is that bottoms are not single candles. They are structures. They form slowly. They take effort. And they force you to read the chart without jumping ahead of it. Right now price is still trapped inside the full range of the February 5 down candle. That single candle has contained price for almost a month. Until we break out of it, everything that happens inside is just noise. Even if the low is already in, structure still needs time to develop. Look at the chart. The bounce from 59.9 has only taken us into the lower part of the range (top of the last capitulation candle) and into some early moving average resistance. That is normal. A market that just dropped from 98k to 59k is not going to reclaim higher timeframe levels in a straight line. If this is the early stage of a bottoming process, the signs will always show up in the same places. Key horizontal levels. Key reclaim points. Key acceptance zones. And whether those levels

$BTC - Limit Short Entry: 73,400 Stop Loss: 77,362 Take Profit: 59,039 https://t.co/KKyqrR4Wrx

Macro, ETFs, Bitcoin, Bonds & State of the Economy Ft. @thomas_fahrer @cadebergman https://t.co/IzTQGve7td

Every Bitcoin cycle, the downside compresses. -87% → -84% → -77% → -53%. Obviously we don’t know if we’ve seen the bottom for this cycle… yet 👀 https://t.co/wMvZhGMl7L

Senato Lummis said “The biggest challenge is figuring out a way of how you can use Bitcoin as a medium of exchange, WITHOUT having capital gains.” https://t.co/HiUcS3zpNu

“Capital is gonna be far more powerful than labor.” - @dgt10011 of ProCap I agree that the next phase of Bitcoin acceleration is solving a global problem with a global solution. Structured finance will assist but the driving factor will be the human element, and the drive towards spreading wealth by enforcement/taxation. The escape out of chaos and control is the value network. The network needs to be accepted by TradFi, but it’s not the vehicle that gets us to gold parity and beyond. Really insightful conversation. Clip from @TimKotzman at @PubKey.

If you literally just ape into $BTC and $MSTR when the vibes are low, you can do pretty damn well for yourself.

Bitcoin Lower High Confirmed - The Bull Trap Nobody's Talking About? https://t.co/S1IMvExGIc

Welcome back to The Bitcoin Treasuries Podcast. Today's guest is Jeff Park, CIO at ProCap and advisor at @Bitwise. We discuss if the bottom is in for Bitcoin, what Basel III encompasses, his thoughts on global Bitcoin Treasuries, what he expects over the next two years with banks and Bitcoin, and much, much more including Q&A from the live audience at @PubKey. Here's my conversation with @dgt10011. 0:00 - Intro 0:25 - Is the bottom in? 2:20 - What is Basel III? 5:05 - Jeff’s thoughts on global Bitcoin Treasury companies 8:18 - What Jeff expects over the next 2 years with banks and Bitcoin 15:25 - How is naked shorting affecting Bitcoin’s price action? 20:40 - Jeff’s thoughts on the US Dollar