Cryptoalrts

It’s not just about being smart.

Bitcoin’s protocol doesn't just reward high IQ; it selects for a rare synthesis of cognitive faculties.

It actively filters for financial, social, and existential intelligence.

This thread will dissect the specific, research-backed traits that define the Bitcoin-adept mind.

We're moving beyond philosophy into a data-driven analysis of a new cognitive archetype.

This isn't an opinion.

It's an observable phenomenon, and the data is starting to prove it.

The Logical-Mathematical Mind: Verifying the Inevitable

To trust Bitcoin is to trust mathematics.

This requires a specific form of logical intelligence capable of grasping its foundational, immutable principles.

Asymmetric Cryptography:

The SHA-256 algorithm, which underpins Bitcoin's security, is a one-way function.

While modern computers can perform trillions of hashes per second (TH/s) to find a valid block, reversing a hash to find a private key is computationally infeasible.

Experts estimate that breaking a single private key with classical computers would take longer than the age of the universe.

This isn't a "strong" system; it's a fortress of pure mathematics.

Incentive-Driven Security:

Bitcoin brilliantly solved the Byzantine Generals' Problem not through altruism, but through game theory.

A 2021 paper in Games and Economic Behavior modeled this, showing that the cost to mount a sustained 51% attack far outweighs any potential profit from double-spending, making cooperation the most rational strategy.

The network's hashrate, now exceeding 600 EH/s, isn't just a number; it's a quantifiable measure of the economic incentive to protect the ledger's integrity.

Logical intelligence here isn't about being a math genius; it's about the ability to audit the system's logic and conclude that its security is an emergent property of mathematics and self-interest.

The Temporal Mind: A Low Time Preference Revolution

Temporal intelligence is the ability to delay gratification.

Bitcoin is arguably history's most powerful technology for rewarding this trait, acting as a direct counter-agent to the high-time preference culture fostered by modern economics.

The Data of Debasement:

Since the U.S. officially left the gold standard in 1971, the U.S. dollar has lost over 86% of its purchasing power. This is not a bug but a feature of inflationary monetary policy.

According to the Bureau of Labor Statistics, an item that cost $100 in 1971 would cost over $700 today.

Fiat currency is programmed to decay.

Programmatic Scarcity:

Bitcoin’s issuance schedule is immutable. The supply is capped at 21 million, and the issuance rate is cut in half approximately every four years (the "halving").

This creates a predictable, deflationary environment.

Historically, each halving has preceded a significant appreciation in price, directly rewarding those who can think and plan across these cycles, rather than reacting to daily price swings.

This is the economic embodiment of the famous Stanford Marshmallow Experiment on a global scale.

Temporal intelligence in this context is the data-informed decision to opt out of a system of guaranteed value-loss for one of programmed value-preservation.

The Emotional Mind : Intrapersonal Fortitude

The psychological profile of a long-term Bitcoiner is not one of a gambler, but of a Stoic.

The market is a furnace for forging emotional discipline.

Mastering Volatility:

Bitcoin has experienced multiple drawdowns of 80% or more (e.g., 2011, 2014-15, 2018, 2022). Surviving these requires high intrapersonal intelligence - the ability to manage one's own fear and greed.

A 2020 study in Frontiers in Psychology identified "higher novelty seeking" and a tolerance for risk as key traits in Bitcoin investors, but also noted the crucial role of emotional regulation in avoiding panic selling.

Overcoming Cognitive Bias:

The market is a minefield of cognitive biases. The "Fear of Missing Out" (FOMO) during parabolic rises and "Fear, Uncertainty, and Doubt" (FUD) during crashes are powerful psychological levers.

Holding Bitcoin for any significant period requires the conscious overriding of these primal instincts in favor of a long-term, data-driven thesis.

The Emotional Mind : Interpersonal Acuity

The Bitcoin ecosystem is a complex social network.

Navigating it successfully demands high interpersonal intelligence - the ability to discern signal from an overwhelming amount of noise.

Filtering Signal from Noise:

On any given day, thousands of "experts" offer conflicting advice.

A study by PsyPost highlighted that while crypto owners can exhibit lower "Agreeableness" (a trait associated with skepticism), this allows them to question narratives and resist herd behavior.

Interpersonal intelligence here means identifying grifters, understanding the dynamics of network effects, and evaluating the quality of information, not just its source.

Community and Network Effects:

Metcalfe's Law states that a network's value is proportional to the square of its connected users.

Bitcoin's value is not just in its code, but in its global community of developers, miners, users, and advocates.

Socially intelligent individuals recognize that this decentralized, leaderless community is a feature, not a bug, contributing to the network's antifragility.

The Existential Mind: The Search for a Sovereign Foundation

At its deepest level, Bitcoin is a philosophical choice.

It attracts those with high existential intelligence - individuals who question fundamental societal structures.

A Tool for the Oppressed:

This is not a hypothetical. In countries with hyperinflation or authoritarian capital controls, Bitcoin is a lifeline.

A 2024 report from Bitcoin Magazine detailed how citizens in Nigeria, Afghanistan, and Venezuela use Bitcoin to escape currency devaluation and bypass oppressive financial restrictions.

For them, Bitcoin isn't speculation; it's a tool for survival and preserving the fruits of their labor. It's an escape hatch from failed monetary experiments.

The Data of Distrust:

A 2023 study found that cryptocurrency owners are more likely to favor reducing government spending and may harbor a healthy skepticism towards centralized institutions.

This aligns with a core tenet of existential intelligence: questioning the "givens" of our social contract.

Bitcoin represents a voluntary, opt-in system based on verifiable rules, standing in stark contrast to the opaque and often coercive nature of traditional finance.

It is a peaceful protest and a parallel economy built on the principle of individual sovereignty.

Synthesis: The Multipolar Cognitive Profile

No single intelligence guarantees success.

Instead, Bitcoin selects for a rare cognitive polymath - someone who possesses:

The Logical ability to verify the code's integrity.

The Temporal foresight to delay gratification for years.

The Emotional fortitude to withstand extreme volatility and social pressure.

The Existential courage to question the foundational pillars of our financial world.

A New Hierarchy of Intellect

For a century, we've measured intelligence with narrow tools that prize conformity and system-based achievement.

Bitcoin challenges this.

It suggests that true intelligence may lie in the ability to recognize a paradigm shift before it becomes obvious.

It rewards the independent verifier over the credentialed follower.

It values long-term wisdom over short-term cleverness.

It elevates the sovereign individual over the compliant subject.

The Great Filter

Bitcoin, therefore, acts as a "Great Filter" for a specific kind of mind.

It is purposefully difficult to understand.

Its volatility is a feature that shakes out the weak-willed.

Its philosophical implications are a barrier for those who do not question.

The result is a self-selecting group of individuals who have, through their own multipolar intelligence, arrived at the

The Final Frame

Owning Bitcoin is the final output of a complex, multi-layered intellectual process.

It is the answer to a question that requires logical, temporal, emotional, and existential computation.

It is an asset, but more importantly:

It is a testament to a new and emerging form of genius.

#BTC110KToday? $BTC

For the first time, the U.S. housing system is preparing to treat Bitcoin as an asset for mortgages.

Here’s what that means, why it’s such a big deal, and what comes next

This isn’t hype or speculation.

It’s a formal directive from William Pulte, the US Director of Federal Housing—delivered straight to the top of the $13 trillion U.S. mortgage market.

Bitcoin is being elevated to a position of serious financial legitimacy.

The U.S. mortgage market is the largest consumer credit market on earth.
Over $13 trillion in outstanding debt.
Fannie and Freddie back over 60% of it.

This isn’t just a win for Bitcoin.

It’s the moment it enters the core plumbing of the U.S. credit system.

For anyone who holds a large % of their net worth in Bitcoin, this solves a massive friction:

Until now, buying a home usually meant selling Bitcoin to meet mortgage qualification rules.

Soon, you’ll be able to use it instead—without triggering capital gains.

This is the same playbook we saw with ETFs:

First recognition.
Then limited implementation.
Then full integration.

Bitcoin is becoming not just an asset you can buy—but one the system can 𝘣𝘶𝘪𝘭𝘥 on.

The policy isn’t perfect.
Currently, only Bitcoin held on U.S.-regulated exchanges qualifies—not self-custody.

That’s a miss.
But it’s also a detail that’s likely to evolve.

The direction is clear: Bitcoin is being legitimized—fast.

We’re now on a path to:
• Bitcoin-backed mortgage bonds
• Risk-adjusted rates for BTC holders
• Credit scoring that accounts for cold storage
• A world where sovereign debt and consumer debt both tap Bitcoin as collateral

Another day, another massive Bitcoin policy tailwind the market hasn’t priced in.

It’s happening quietly. But it’s compounding.

Bitcoin isn’t just winning narratives.
It’s winning policy.

And when policy shifts… price follows.

Soon, someone will buy their dream home without selling a single sat.

Because they held Bitcoin.
Because they believed early.
Because the system caught up.

That’s the future we’re entering. And it’s coming faster than anyone expected.

#BinanceTGEXNY $BTC

📈 Wave-B:3 Ended — Terminal Pattern Now in Play!
Based on the size, speed, and structure of this year's rally, we can now say with high confidence that wave-b:3 ended at April's low. From here, the unfolding wave-c is showing both power and complexity — and that can only mean one thing:
🔶 Wave-C is Terminal (Not Traditional Impulsive)
🔶 The persistence of wave-c looks impulsive on the surface
🔶 But its internal structure is clearly corrective 🔄
🔶 The only way this paradox makes sense is if wave-c is forming as a Terminal (known to orthodox Elliotticians as a Diagonal Triangle) 🌀
🔶 This type of Terminal follows very specific rules, and Bitcoin is following them step-by-step 🎯
🕰️ Confidence Will Grow — Pattern Still Unfolding
🔶 While we’re already seeing the structure, it’ll likely take another 1–2 months before full confidence can be declared
🔶 But price action strongly favors this evolving Terminal scenario
🔶 It’s not random — it’s measured and deeply structured 🧩
🚀 What's Next: All-Time High, Then Final Legs
🔶 If this Terminal is correct:
 ➡️ Wave-3 will complete later this summer, pushing Bitcoin to a new All-Time High 🌞📈
  (see blue dashed line in the visual)
🔶 Then, wave-4 will follow — a necessary correction
  ➡️ It must drop below the top of wave-1
  ➡️ But cannot break the low of wave-2 🛡️
🔶 After that:
 ➡️ The final push: wave-5 begins, ending the entire Bitcoin bull run with a blow-off top 💥
⚠️ Be Strategic. Not Emotional.
This Terminal pattern, if confirmed, offers a clear trading roadmap:
Ride the wave-3 pump 🚀
Watch wave-4 carefully — don’t panic during the dip ⚠️
Prepare for the last leg: wave-5’s euphoric finale
And most importantly... be ready to exit before 2026's violent reversal 💀
📉 Every Terminal ends in disaster — but the smart ones make life-changing gains before the fall.
Stay focused. The pattern is revealing itself. 🧠📐
#BTC110KToday? $BTC

This is the most important capital markets transformation no one is prepared for.

Let me explain what it means - and why every asset on earth is now being repriced in sats.

Traditionally, the hurdle rate is the minimum return an investment must earn to be worth the risk.

It’s usually benchmarked to U.S. Treasuries.

But in a world bleeding purchasing power… those “risk-free” rates are a joke.

Enter Bitcoin.

A provably scarce, globally liquid, seizure-resistant asset with an immaculate monetary policy.

It has averaged 100%+ CAGR since inception.

Even conservatively, a 15–30% annual BTC appreciation sets a new baseline for Return-On-Investment.

That means:

Any project, stock, startup, or real estate deal that can’t outperform Bitcoin is a net waste of time and capital.

BTC is no longer “an alternative” - it’s the benchmark.

This rewires everything.

Capital is no longer racing toward “growth at any cost.”

It’s racing toward Bitcoin-adjusted alpha.

If you raise capital, build a business, or manage a fund - you now answer to the orange god of time-value.

Most of TradFi still prices in fiat.

But the smartest capital allocators are starting to run a simple filter:

“Does this beat BTC over 4 years?”

If not, you’re just burning satoshis and inflating your ego.

Fiat hurdle rates are manipulated by central banks.
Bitcoin imposes a natural cost of capital - rooted in entropy, scarcity, and energy.

It’s not just harder money.

It’s harder to beat money.

This flips the risk curve upside down.

The real risk isn’t volatility anymore.

It’s underperformance.

If you hold cash, you lose.

If you hold BTC, you benchmark the future.

If you build, you better outperform it... or die trying.

“Bitcoin is the hurdle rate” means capital markets are undergoing a monetary reset.

We are repricing time, risk, and return on a Bitcoin Standard.

Fiat is the noise.

BTC is the signal.

The sooner you adjust your models, your valuations, and your worldview…

…the sooner you stop losing time.

Because in the end, Bitcoin doesn't just measure capital.

It measures destiny.

#MarketRebound $BTC

Oil, inflation, currencies… nothing will stay the same. What happens next?

The US, Trump, BTC, XRP, XLM and ISO tokens — this was never just coincidence.

Let’s connect the dots

US Involvement & The Strait of Hormuz: The chokepoint of the world

After US’ involvement in war against Iran, the Iranian Government has decided to close the Strait of Hormuz where 25-30% of global oil passes through it.

That’s not just an energy crisis… that’s a financial nuke.

Global markets are tanking.
Oil is spiking.
Inflation will follow.

But that’s only the surface.

What happens next in this War?

Now that US and Israel claimed to have destroyed the Iranian nuke facilities, this is not the end.

A few more days, weeks or months of bombings and there will be a regime change in Iran with a pro-US government.

Why the Regime Change?

Trump wouldn’t want the oil prices and inflation to shoot with the closure of Hormuz Strait.

A regime change would enable access to cheap oil to US, dismantle of BRICS, Anti-West Dollar alliances, Deterrence against China and US Dominance throughout the Middle East.

How do you prepare yourself?

🧨 Energy prices shoot up
🧨 Capital and Crypto Market sink in fear

But once there is a regime change, cheap oil, US Dominance over Middle East and Weakening of China and BRICS influence would benefit the long term holders and dip buyers.

This is not a drill.
This is the controlled demolition of the old world.

How would a Regime change in Iran affect crypto?

It would open the gates for crypto adoption in Middle East.

BTC might still be considered as a hedge against inflation.

@Ripple’s deep roots in the Middle East quietly shape the region’s shift toward digital finance, one corridor, one central bank at a time.

@StellarOrg has steadily embedded itself across the Middle East, powering cross-border payments and quietly enabling the region’s financial digitization behind the scenes.

The war isn’t chaos, it’s choreography.

Inflation, oil shock, market bleed… all part of a controlled demolition of the old system.

Out of this collapse will rise the new: programmable money, tokenized assets, and real-time settlement.

This is part of the Reset. And it’s already begun.

#IsraelIranConflict $BTC

Because they’re not just a tech innovation.
They’re a defensive play to preserve dollar dominance.

This isn’t a crypto story—it’s a monetary one.
And it has major implications for Bitcoin

The GENIUS Act just passed the Senate.

Trump praised it as “American brilliance” and a masterstroke in digital asset leadership.

But dig deeper: this isn’t about embracing crypto broadly.
It’s about anchoring the digital future to the U.S. dollar.

Treasury Secretary Scott Bessent was asked if crypto threatens the dollar.

His answer?

Stablecoins are the opposite.
He says they reinforce dollar supremacy, and could become one of the largest buyers of U.S. Treasuries.

In places like Nigeria, stablecoins already are the dollar.

You don’t need U.S. banking access.
You don’t need physical cash.

You just need a smartphone and a reason to escape your local currency.

That’s not just convenience. It’s monetary policy exported as software.

But here’s the paradox:

Stablecoins expand dollar usage, yes.

But they also normalize the idea of digital cash… and introduce the rails that make switching currencies trivial.

Once the money’s mobile, it’s just one click from stables → Bitcoin.

Stablecoins currently reinforce the dollar as a medium of exchange.

Bitcoin is gaining adoption as a store of value—and it can function as a medium of exchange too.

They serve different roles for now.
But they’re both growing for the same reason: fiat dysfunction.

Trump is demanding lower rates. He just called Jerome Powell one of “the dumbest, most destructive” people in government.

Why?

Because he knows the dollar only works when it’s being debased.

Stablecoins give that debasement global reach.
Bitcoin gives it a measuring stick.

This is the real contest:

Stablecoins = a patch to preserve dollar liquidity
Bitcoin = a foundation to escape dollar erosion

Stables might win the rails.
Bitcoin wins the reserves.

One is built to survive inflation.
The other requires it.

So no, stablecoins aren’t the enemy of Bitcoin.

They’re the bridge.

They’ll bring billions into the dollar system, and eventually lead many of them out.

The only real question is: what happens when the world finally demands settlement in the harder asset?

#CryptoStocks $BNB

A brutally honest comparison, for those still plunging toilets in 2025.

Real Estate: Fix Chad’s toilet at 2am

Bitcoin: Fix the global monetary system while you sleep

Real Estate: “We’ve got raccoons in the attic.”

Bitcoin: No tenants. No drama. No late-night squealing.

Real Estate: Paperwork, fees, permits, taxes, inspections

Bitcoin: You downloaded your property rights

Real Estate: “You can see it and touch it.”

Bitcoin: You can verify it. Boomer can’t even verify his roof isn’t collapsing.

Real Estate: Water damage

Bitcoin: The only thing leaking is fiat credibility

Real Estate: Boomer Flex

Bitcoin: Wizard Energy

Real Estate: Prays for appreciation

Bitcoin: Is the appreciation

Real Estate: You’re a landlord

Bitcoin: You’re a sovereign

Final Verdict:

Bitcoin doesn’t have termites. Or tenants. Or taxes.

It just keeps mining blocks…

…while Chad clogs your toilet again.

#GENIUSActPass $BTC

Bitcoin's current market behavior is indeed showing marked differences from previous cycles, leading many to question whether the traditional 4-year boom-bust pattern is ending or simply evolving. Let's analyze the data, examine the competing theories, and understand why prudent caution remains essential.

The Changing Face of Bitcoin's Market Dynamics

The Bitcoin market structure has undergone a fundamental transformation in this cycle:

Reduced Volatility: Current volatility measures are down over 50% compared to 2021 levels, with Bitcoin's realized volatility now comparable to some of the top tech stocks (MAG7) rather than its historical wild swings . This compression reflects growing market depth and institutional participation.

Shallow Drawdowns: Corrections have been limited to 25-30% rather than the 50-80% plunges characteristic of past cycles. The $95K, $60K, and $40K levels have each formed strong support zones, creating a stair-step pattern of higher lows .

Institutional Dominance: Spot Bitcoin ETFs have created a structurally sound demand base, with over $131 billion in assets under management . These regulated vehicles provide consistent buying pressure that differs dramatically from the speculative leverage that drove past cycles.

Holder Behavior: Long-term holders have shown remarkable resilience, refusing to sell at $60K, $90K, or even $110K . On-chain data shows 62% of Bitcoin's active supply hasn't moved in over a year , indicating strong conviction among core holders.
Competing Theories About Bitcoin's New Phase

The "SaylorCycle" Thesis

Brad Mills and others argue we've entered a new era of institutional adoption they term the "SaylorCycle" - named after MicroStrategy's Michael Saylor and his company's massive Bitcoin treasury strategy. This theory posits:

- Bitcoin is transitioning from "illegitimate asset" to "must-own asset" for corporations and nations
- Demand is becoming structural through treasury strategies, ETFs, and sovereign reserves rather than speculative trading
- Price discovery will be slower and more methodical, driven by quarterly rebalancing rather than retail mania
- Corrections may become shallower (50% rather than 80-90%) while bull runs peak at 200% annually rather than parabolic spikes

The U.S. Strategic Bitcoin Reserve initiative (holding 200,000 BTC) and corporate adoption by firms like MicroStrategy (holding 592,100 BTC) lend credence to this structural demand shift .

The "Evolving But Intact Cycle" View

Other analysts believe the 4-year cycle isn't dead but is adapting to new market realities:

- The halving's supply shock (April 2024) remains relevant but works alongside institutional flows
- Price phases still follow historical patterns (Reversal → Bottoming → Appreciation → Acceleration) but with compressed volatility
- The current Acceleration Phase could still produce a blow-off top, potentially in Q2 2025 based on historical duration
- While different in character, the cycle may still culminate in a significant correction before the next phase begins

Technical models like the 200-week SMA intersection still predict potential cycle tops in September 2025 or March 2026 , suggesting traditional cycle analysis retains some validity.

Why Caution Remains Essential

While the current cycle feels different, several factors warrant continued prudence:

1. Macroeconomic Uncertainty: Global debt loads, inflation trends, and central bank policies remain wild cards. The Fed's monetary policy pivot could significantly impact liquidity conditions .

2. Unproven Theories: The 2021 "supercycle" narrative similarly argued Bitcoin had decoupled from boom-bust dynamics, only to collapse under leverage and macro pressures . New theories must still be stress-tested.

3. Valuation Metrics: While MVRV Z-Scores (currently ~2.5) aren't at euphoric levels (typically 7-9 at past tops) , other indicators like the RSI suggest room for upward momentum before becoming overbought .

4. Supply/Demand Imbalance: With only 1.1 million BTC left to mine and 62% of supply inactive, even modest institutional allocations could create dramatic price moves in either direction .

5. Regulatory Landscape: While currently favorable under the Trump administration, policy shifts could impact market structure . The SEC's evolving stance on crypto regulations bears watching .

Strategic Implications for Investors

Given this complex landscape, several principles emerge:

1. Focus on Bitcoin's Fundamental Value Proposition
Bitcoin was designed as hedge against monetary debasement - a characteristic becoming more relevant as global debt exceeds $107 trillion . This long-term thesis transcends cyclical fluctuations.

2. Dollar-Cost Average Through Uncertainty
The "slow climb" scenario favors consistent accumulation over market timing. ETF flows show institutions adopting this approach .

3. Maintain Risk Management
Even if corrections are shallower, proper position sizing and portfolio allocation remain essential. The 25-30% drawbacks seen this cycle can still test conviction .

4. Watch Institutional Adoption Metrics
ETF flows, corporate treasury announcements, and sovereign Bitcoin strategies will provide better signals than retail sentiment in this cycle .

5. Prepare for Multiple Scenarios
While the "SaylorCycle" may unfold as predicted, traditional cycle patterns could reassert themselves. Maintaining flexibility allows investors to adapt as the market reveals its true character.

As Fidelity's analysis notes, "We remain very early in the broader adoption cycle" with most retail participants still under-allocated and global sovereign adoption just beginning . Whether this cycle culminates in a slow grind higher or another volatile peak, Bitcoin's long-term monetization story appears intact - but as always in crypto markets, humility and disciplined strategy remain an investor's best allies.

#GENIUSActPass $BTC

Most are selling the bottom, but smart money is loading up on alts daily. Here’s why history is repeating, and which altcoins are primed for explosive gains:

📈 Macro Market Signals
◈ $2.1T–$2.3T Demand Zone Trigger:
- Third touch in 18 months (Nov ’23 & Feb ’24 saw +$1T rallies in 4–6 weeks) .
- Current breakout mirrors past surges: +12% in a week, targeting $4.5T–$5T market cap.

◈ Liquidity Floodgates Open:
- $1.6B USDT/USDC inflows to exchanges (10 days) .
- DEX volumes up +18% WoW; Uniswap/Blast activity at March highs.
- Large wallets (>$10M) withdrawing BTC – likely rotating into alts .

◈ Altseason Triggers Align:
- Capitulation phase ended (Q2 2024).
- BTC dominance peaked (Q1 2024, now at 62% and falling) .
- L2 TVLs surging (Base, Arbitrum up 8–12% MTD) .
🔥 Top Altcoins with Massive Upside
$HYPE | @HyperliquidX
▸ Zero-gas L1 for perps trading with on-chain orderbooks.
▸ Independent infra – no reliance on Ethereum/L2s.

$AAVE | @aave
▸ DeFi bluechip: Non-custodial lending/borrowing across 15+ assets.
▸ Pioneer of flash loans and multi-chain expansion.

$UNI | @Uniswap
▸ #1 DEX with billions in weekly volume.
▸ Dominant on Ethereum + L2s (Arbitrum, Optimism, Base).

$SKY | @SkyEcosystem
▸ Upgraded MakerDAO ecosystem: USDS stablecoin + Sky Token Rewards.
▸ $14.3B TVL, non-custodial savings, and governance via SKY.

$JTO | @jito_sol
▸ Solana’s top MEV/liquid staking protocol (JitoSOL offers extra rewards).
▸ $777M market cap, +25% weekly gain – institutional inflows rising.

🎯 Key Takeaways
- Pattern repeats: Structural breakouts → +76–83% rallies (2023–24).
- Altseason confirmed: BTC dominance drop + altcoin volume spikes.
- Act now: Early movers will capture the steepest gains.

💬 Comment your top alt pick below!
#SaylorBTCPurchase $BTC