Given yesterday’s performance, the probability of BTC ever g

Given yesterday’s performance, the probability of BTC ever going back below $100k has decreased.

#BTC

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BitcoinPierre

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Hyperbitcoinization is just gravity.

Gold coin is 2,600 years old. Bitcoin is 16 years old.

The bulk of future bitcoin treasury company leverage is more likely to be in retail equity investor margin + derivatives than actually inside the companies. Meaning that liquidations would cause forced selling of equity, not of BTC. This would be a structural change from the past where leverage was on BTC directly, equities would be a shock absorber and dampen BTC volatility. Current consensus narrative is the opposite.

The bitcoin price is volatile. The bitcoin system is stable.

If you think Bitcoin Treasury Companies are over-leveraged, you really should take a look at the US Treasury.

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