BTC to $100k 4/8, $115 by halving, $420k by Christmas. Assumptions:
*GBTC done selling around 3/18
*net inflow averages $700M from mid March thru end of year
*50x multiplier keeps fitting epically like it has since 2/29 in my chart below
!!LFG!!
@dotkrueger
@BtcIsTrue
The model here assumes $500M net inflow per day thru the end of this week and ramps that up to $700M per day next week thru end of year in anticipation of GBTC slowing their sales. So far, so good! $505M came in yesterday and last week’s daily avg was $448M. I’ll start
JUST IN‼️: Yesterday’s
#Bitcoin
ETF Net Flows Totaled $505.6 million
BlackRock: $562.9 million
Fidelity: $215.5 million
Bitwise: $50.0 million
Ark: $13.0 million
Valkyrie: $43.4 million
VanEck: $118.8 million
WisdomTree: $5.8 million
Invesco: -$9.7 million
Grayscale: -$494.1
Your homework has paid off. You’re in the world’s next major asset class before the world knows they need it. In a sense, you own Miami beachfront real estate… before it was discovered. Enjoy time with your family today. The future is brighter than we plebs can imagine.
@MoneyJrod
Funny u mention it…. But on point with the Toyota advice! Just got this one with 316k on it for my daughter and previous owner hadn’t changed the ball joints. I was gonna get to it but a little late. All fixable.
@goldseek
How many times are you going to “reveal” this info that Saylor publicly shared at the shareholder meeting prior to selling these shares. He is selling because these share options expire so he has to…. Or just lose them.
#Blocking
this account for waste of time
🚨🚨🚨WOWZERS—I didn’t think this correction would come, but here it is.
Well done,
@nic__carter
! 🙏
Now, when will
@ewarren
and the ~20% of the US Congress who signed her letter based on incorrect facts issue their retractions/corrections???
@twobitidiot
Calm down. The greatness of the US is the checks and balances. It’s at work today. Like it was at work giving Trump every opportunity to prove election fraud… and as you’ll remember…. He only had his empty words and no evidence. He is as dirty as his golf game.
Updated with latest daily closing prices (orange line)
*Monday blips getting smaller
*Model anticipates increase from $500M daily inflow to $700M next week. Too bearish given supply hovering below?
*$420k by end of year right on track!
Blackrock's
#Bitcoin
ETF, IBIT, now holds 215,625
#BTC
, up 11,871 from yesterday.
Blackrock now OFFICIALLY holds OVER 1% of the total supply of BTC, with its total assets valued at $15.4 billion.
900 BTC are issued per day. In April this will drop to
@100trillionUSD
S2F and its exponential dna will fit best IMHO largely because it’s subject to Metcalf’s law and the tech adoption curve. We are 15 years into this new monetary tech which just had its major innovative moment(ETFs drop technical barrier to entry 90%). The S-Curve is yet to take
@dotkrueger
@LawrenceLepard
FWIW, 500M/day and a 50x multiplier has been dead on since 2/29…. It predicted today to be just over 68k (exactly where we are now). Sorry for the picture… work computer and no time for pretty.
@SamanthaLaDuc
Silver is far from sound money. The analogy you made is just devoid of merit like the earlier scarcity misstep you had about BTC disability. You’re throwing shade(darkness) on Saylor and Bitcoin which we believe is going to ease huge amounts of hardship in the world. Many assume
@BritishHodl
Not unelectable IMHO. Small chance. Very small. But not zero. And given we’ve never had two worse candidates for the main parties, it’s more likely than ever.
@GrantCardone
10x from the price at the halving. Just like we have averaged after each of the last three halvings. Conservatively, $420k by the end of this year on our way beyond… into 2025
@BritishHodl
Not sure if you remember but you called this way before the ETF launch. In one of your videos, you said something to the effect of “Blackrock is setting up the ETF launch to make sure they can claim they are the most successful one as they introduce this product to their clients
Prehalving price pullback? That all you got Bears!?
*AVG Net inflow last week +$510m (Up from previous week $448m) <-- half a billy/day is Bullish AF!!!!
*AVG flow w/o GBTC last week ~$762m
We saw the market outside the EFT's selling last week taking the price down in spite of
PREHALVING PULLBACK - we enter the red zone. But was that it yesterday?
F*cking brilliant post brother
@rektcapital
👀
People read this post on the timing of the prehalving pullback and whether we jut had it yesterday.
IMO: (see chart below) We just had an 11% pullback which
@ZinedHodl
@WClementeIII
Good gravy man. He has done more for Bitcoin than most. If he does an add for another coin, doesn’t mean he is an enemy of bitcoin. If he owns ETH , it doesn’t make him an enemy of bitcoin. C’mon folks, don’t need to lower yourselves to mob mentality… this is a brother here
I believe we are in a major financial crisis.
This may be one of the most important things I have written in a long time.
The current situation is alarming, the future is uncertain, and we are in a lose-lose scenario.
JUST IN‼️- Dylan LeClair, Director of Market Intelligence at UTXO Management:
“Bitcoin is just a PROTEST against the absolute fiscal BAZOOKA of the current US government.”
#Bitcoin
🔥🔥🔥
Predictions for Dec 2024 End of Year 12pm Midnight
100,000 Sats on the line
Nearest guess wins
Gary 128
Beagle 142
British 160
Fred 180
Thomas 200
D++ 300
Ben 420
BRREAKKING: The state of Louisiana becomes the eleventh state to officially introduce a bill to protect fundamental
#Bitcoin
rights.
This bill, sponsored by
@WrightLouisiana
, protects:
✅ Your right to buy, sell, and trade
#Bitcoin
✅ Your right to mine & validate
✅ Your
FTX will begin distributing $16 billion to its creditors next week.
Most of that liquidity will come back into
#Bitcoin
&
#Altcoins
.
You are not bullish enough...
$1M per Bitcoin will happen when just $5.7 Trillion flows into bitcoin. This is b/c of the current multiplier effect of 3.7 described in 🧵 below. Note that $60T in bonds needs to be refinanced every year… and there are $18T of negative yielding bonds…. $1M BTC is easy!
In 2022, 3 Blackrock analysts quietly published a paper saying the optimal portfolio allocation is:
🔥85% Bitcoin
🔥9% Stocks
🔥6% Bonds
🧵Time for a thread EXPOSING Blackrock's 15-month secret & running the numbers on what happens if the globe's $800T copies Blackrock.👀
1/
@Ben__Rickert
This is what he reported he would do at a previous shareholder meeting because the option to sell these was going to expire. Daily sells around 5000 shares. This has been public knowledge since before he started selling this group. Just fyi.
Yes! Check out the coins in 1.5B range…. $MCC adds value so far above those… it should be among the 20-30B market cap projects once word is out. Only 15k holders today… 30B coins have 4M holders… just getting started
A 10x from here puts $MCC -
@MulChainCapital
at $1.5billion marketcap which is still severely undervalued. They are doing complex, sustainable yield farming and return rewards via reflections while having deflationary tokenomics. Devs put in the work & all you have to do is hodl.
@cryptoskullx
$gm to u too. Reflecting in all ways. Brutal times mint the best projects though… just need all hands on deck from the community to work-harden this project.
@Davincij15
$MCC is crushing it with their farming-as-a-service model which has the devs buying back around $1Million of MCC tokens per day wit farming gains. Holders getting reflections so fast that if the token cost just stays the same for a month, we will have 8x’d our holdings!
ALL NEW ‼️-
#Bitcoin
Daily Show
🔮
@fundstrat
says $150K BTC in 2024
🐂
@JeffBooth
even MORE bullish…
🇬🇧 Boris Johnson asks for BTC
🇪🇺 European banking crisis?
PLUS Jeff Bezos sells $8.5 BILLION in Amazon shares. What’s he buying?🤔
@RepAlexMooney
Right attitude, wrong solution. Check into Bitcoin… the only solution where actual quantity is known, and can be verified at your leisure.
#bitcoinfixesthis
With still 3 hours left to trade, another very good day for volume.
Special volume for $IBIT. Yesterday it had $2.1b volume and $587m inflow.
Today it is already ahead, with $2.4b volume so far. Hopefully the ratio inflow/volume will be kept!
#Bitcoin
@dotkrueger
@gibyeah
@EricBalchunas
With a 50x multiplier, we only need 2.1T to get us to a $5M BTC. That seems like a walk in the park for BTC in a few years? Adoption from S-curve perspective has barely begun like you alluded to on the Kitco program regarding how few people have meaningful wealth stored in BTC.
@Stephen59359382
@LayahHeilpern
The irony is that it’s only the weak males and weak females that are threatened by rainbow flags and the like. People just need to be themselves. Simple.
FFW to 10:30 for a great real world example of how our wages + dollar buying power have degraded. It’s worse than we think.
Keep listening to get an insightful take on the dollar milkshake theory. (It’s much better description is the Celtic theory!)
Bitcoin stabilizing the energy grid by helping fund more electricity generation assets and giving the ability to dampen the stress on the grid by turning off bitcoin miners during high load.
BTC dumped $1,000 while Trump mentally masterbated…
BTC recovered the entire $1,000 when Senator Lummis came on stage minutes later and announced her BTC reserve bill.
$MSTR now ranked 306th largest US company by market cap ($27B).
Jumped 15 more companies today, including Ebay & T. Rowe Price
Day 11 in a row of qualifying for S&P500 mkt cap inclusion threshold.
Delta Airlines and the “200’s” in the crosshairs
Texas’ natural gas power plants ramped to 50 GW and
#bitcoin
miners curtailed to offset low wind generation.
No blackouts and no scarcity pricing, huge win for ERCOT!
@MDBitcoin
I cannot wait to see BTC put the fractional reserve banking system back in its place.
I can’t wait to see fiat systems lose their unearned unelected privileges to print money
I can’t wait to see abundance returned to the average Joe and the creativity that flows from him.
@_benkaufman
Oh my word people. So the guy donates tons of his fortune to help prepare the world so more of us can be saved and we demonize him as the one that causes the virus so he can make money off vaccinations? Did u ever consider that maybe he doesn’t need to make anymore money?
@Vivek4real_
I didn’t think the last transfer like this was sold. Anyone have an update on that? If it wasn’t, then no reason to think this transfer means they’re selling right?
Hahaha! No way! just getting out of the gym and saw this!!!
@cryptoskullx
, you da man! I’ll treat your $brains with legendary diamond wrapped respect!!! Something epic will come from his!!
Respect sir. Love your ability to field these questions in such digestible ways. Truly spreading awareness and education about this new asset class with grace and conviction.
#Bitcoin
is Digital Property. It is superior to other investments such as Gold, Equity, or Real Estate because it is digital, available, global, ethical, & useful to millions of companies and billions of people.
🚨The Kingdom of Bhutan has been EXPOSED as the government with the 4th most Bitcoin, holding 13,011 coins!
🇧🇹The Government holds around $1000 worth of Bitcoin per person.(0.016 Bitcoin)
🧵Next is El Salvador with ~ $55$ of BTC per capita, but there's more crazy statistics to
@AlexOttaBTC
This is the way. After the steam roller of new buying punches through enough sell walls, the sellers will get the hint and move out of they way.
@dotkrueger
As a younger investor discovering ETF’s for the first time, I pretty much picked whatever had the best previous performance. Hoping there are tons of people thinking this way because BTC destroys every other investment on the 1, 5, 10 year performance reviews.
Adoption of BTC’s Store of Value facet has accelerated exponentially since the ETF removed the tough technical barrier to entry. This is our moment when BTC starts climbing up the fun part of the S-Curve. Buckle up people.
In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997.
But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.
All us HODL’s gotta do is live life… the fundamentals of the first truly scarce asset will do the work for us.
(I need to do better at unplugging… but this is history in the making)
JUST IN‼️: The Government Pension Investment Fund of Japan, the WORLD’S LARGEST pension fund, is seeking information about assets, including Bitcoin, and how they might be incorporated into pension fund portfolios.
#Bitcoin
🚀🚀🚀
@ScruFFuR
$MCC is crushing it with their farming which has them using proceeds to buy back around $1Million of MCC tokens per day. Holders getting reflections so fast that if the token cost stays the same for a month, we will have 8x’d our holdings!
#Bitcoin
is the digital version of gold and the future of sound money.
Brunell vs Schiff…Can’t believe you sprung this one on me last minute
@cvpayne
⚡️
4) HUGE RESPECT to
@cryptoskullx
for the genuine kindness. In the spirit of it, if
@MulChainCapital
is interested in investing $50k into Farming/Staking $Brains, I'll donate my little stash of $1,320 in $Brains to the $MCC treasury! Who's with me?
@BrainiacFarm