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mikealfred
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I just received an email from X saying my account has been excessively bull posting about
Bitcoin
and that it is at risk of a shadow
ban
. Please like and retweet if you disagree and want me to continue to post about Bitcoin and proxies.
#BTC
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When 1 Bitcoin is $10,000,000 per coin, you won’t care whether you paid $102,420.66 or $103,664.20. Just make sure you get to 1 Bitcoin.
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Just got off the phone with a trader who works at one of the largest OTC desks. He said just in the last couple days things have gone “completely ballistic”. He says buyers are desperately trying to add in large blocks and they are having trouble sourcing enough supply. BULLISH!!
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Last cycle there was only one Microstrategy. Now suddenly there are dozens of micro Strategies. I’m worried about the defensibility and unique competitive positioning so I may take additional 13-15x profits on my position and rotate to infrastructure operators with unique assets.
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If we can break $104,500 on convincing volume then I believe $109,000 becomes inevitable. If we can break $109,000 then I believe $146,000 becomes inevitable. If we can break $146,000 then I believe $315,000 becomes inevitable. It’s simple.
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Anyone who’s been around longer than a few months knows that the miners drive and lead the Bitcoin cycle. Until the miners take the wheel from levered beta companies, there will be no parabolic advance. We may be at that pivotal moment now. Watching closely.
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