The reality is that bitcoin hasn’t done anything good price wise for the last 3 years. It hit 69k in Nov 2021 and then fell off a cliff. It cannot even hold 60k, despite all of these supposed “buys” and the good news. Buy all you want and dream as big as you wish, but there is no “god candle 🕯️ “ coming. At best there might very well be continued adoption. Bitcoin is a long way off of impressing the millionaire next door types.
Correct. Also if you adjust for inflation the 2021 ATH is now $84k so we haven’t yet achieved that this year. If by next year we are not over $84k at the blow off top then the whole thing is over. It’ll be a time based capitulation because retail that got in in 2021 will have to reclaim their fiat to pay bills
10:18 yah ok man you can make up whatever you want to see on the chart to fir a narrative. Chopping sideways in a "bull market" past the usual post halvening cycle is very very bearish.
Correction: Goldman's clients bought bitcoin ETFs.
Yes.. big difference.. may be why price unaffected
Hello, I wish to start investing but I don't know where to begin. Any advice or contact for help?
Talking to an expert like Tracy Joyce to reshape your portfolio is a very smart move
Certainly! I diversified my $40,000 portfolio across different markets.
Alright thanks for your recommendations, how do I reach this Mrs Tracy ?
At first I was hesitant but after giving it a try I was impressed by the significant returns.
she's mostly on Telegrams, using the user name
Very informative and delivered very well!
Love the style and attitude of this. Agree wholeheartedly.
Thanks Nik! Great Information
Nik is the bomb
lunch money
XLNT video. Thank you for extensive work. Many greetings from Copenhagen. JL
Great show ...as always
👍
All this adoption, massive buys by institutional players - and no meaningful price action...A-maaaaazing how that works.
They probably already sold.
They must of done a OTC deal with a miner.
Then why isn’t the price moving
the best!
FED won’t cut rates before election. It’s off the table.
You must have some insider info. Everything being reported states there will be at least a .25 cut with slim chance of a .5 cut In September.
Im long btc sol pepe and MSTR
One take wonder
Scam
Cmon Nik, you know they bought it for their clients, not themselves, why lie?
I was listening for some evidence that it wasn't for customers...
Goldman Sachs pumping my bags. It's a great time for self-custodial bitcoin degenerates.
more like dumps Sir
😂😂😂😂😂
The reality is that bitcoin hasn’t done anything good price wise for the last 3 years. It hit 69k in Nov 2021 and then fell off a cliff. It cannot even hold 60k, despite all of these supposed “buys” and the good news. Buy all you want and dream as big as you wish, but there is no “god candle 🕯️ “ coming. At best there might very well be continued adoption. Bitcoin is a long way off of impressing the millionaire next door types.
Correct. Also if you adjust for inflation the 2021 ATH is now $84k so we haven’t yet achieved that this year. If by next year we are not over $84k at the blow off top then the whole thing is over. It’ll be a time based capitulation because retail that got in in 2021 will have to reclaim their fiat to pay bills
10:18 yah ok man you can make up whatever you want to see on the chart to fir a narrative. Chopping sideways in a "bull market" past the usual post halvening cycle is very very bearish.