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WhalePanda-1
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Bitcoin dumping back below the previous
ATH
, yesterday Blackrock did another $480 million on inflows with 0 impact on the price.
Bunch of announcements, more
Bitcoin
treasury companies.
#BTC
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0
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WhalePanda-1
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Thought people were saying the OTC desks were almost empty. Saylor blew his billion from $106k to $110.5k in a couple of hours so now it is just bleeding out, even with ETFs buying 10x daily mined Bitcoin. But sure there's no paper BTC, you're not allowed to talk about that.
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ChatGPT appears to be down. Global productiveness decreased enormously. Doctors can't diagnose their patients. Hypochondrics can't diagnose themselves. Crypto bros can't talk to their AI girlfriends. Disaster.
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This was the lowest Bitcoin daily close in almost a month. Have been calling this bullshit for a while now. People love to call me an idiot but I have just been pointing out how none of this makes sense with the many billions supposedly being bought and taken off the market. And on top of that stocks still going up. Looking at it historically it feels like we'll have a long sideways market until September/October. "Muh OTC market", "billions don't matter in a trillion dollar market" etc just shows you don't know how markets work.
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Spent a nice day at Warner Bros with the kids. Check the price and Bitcoin still looks like it's going under $100k. Can't catch a bid yet companies are buying billions? 🤔 Very odd indeed.
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Today: S&P: +0.25% Nasdaq: +0.25% Gold: +0.01% Bitcoin: -0.5% This week: S&P: +1.3% Nasdaq: +2.2% Gold: +1.94% Bitcoin: -0.7% Last week: S&P: +1.88% Nasdaq: +0.6% Gold: -2.05% Bitcoin: -3.07% Bitcoin had a rough 2 weeks, almost as if it was all negative news no? Paper BTC? 😂
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