BREAKING: 馃嚭馃嚫 BlackRock and other ETFs sold $635.5 Million worth of Bitcoin.
Largest daily outflow in 4 months.
Thanks for the volatility.
AFTER SPENDING 100+ HOURS DOING CHARTS, I'M FULLY CONVINCED THAT BITCOIN WILL HIT $100K BEFORE THE END OF THE YEAR.
WHY ARE BITCOIN AND ALTS DUMPING?
$120 billion was wiped out from the crypto market today as BTC dropped below $81,000.
Here's what's going on.
The US is preparing to resume attacks on Iran after the midterm elections, which are just 2 weeks away.
If that happens, oil prices could spike, leading to higher inflation and rate-hike fears, and that's bad news for risky assets like crypto. The next FOMC meeting is also just one week away
With so much uncertainty ahead, investors usually derisk before such major events.
AI stocks are also taking a hit today as concerns grow over the chances of defaults on their debt and since crypto often moves with tech stocks, that sell-off is spilling over into Bitcoin and alts.
But here's what matters.
This sell-off is happening amid macro uncertainty. It doesn't automatically mean crypto fundamentals have gotten weaker.
In the 2023-25 bull run, we had rate hikes, a banking crisis, Japan's crisis, and tariff FUD. Still, Bitcoin rallied 6x and alts pumped 10x-20x.
This time won't be any different, so just buy the dip and relax.
Things to do during a bull market:
Just shut the fuck up and buy the dip.
We are going much higher, and there'll be shakeouts before big breakouts.
$750 Billion wiped out from the US stock market at the open as the US prepares to launch attacks on Iran after the midterm elections.
Brutal.
If I had to choose between holding my money in fiat or Bitcoin for the next 20 years, I鈥檇 choose Bitcoin without a second thought.
People worry about BTC crashing, but rarely question what inflation will do to their savings over the next two decades.
Cash gives you stability today, but have you ever wondered what its purchasing power will look like in 2046?
I鈥檇 rather hold a volatile asset than ignore the slow devaluation of money.
Crypto is not for people who declare a bear market after every small dip.
Stop overreacting to every price move and look at the bigger picture. As long as Bitcoin holds above the Weekly MA50, we're good.
THIS CAN'T BE A COINCIDENCE.
Someone created a new wallet and opened a long position on oil yesterday.
Soon after, news broke that the US and Israel were considering resuming attacks on Iran, sending oil prices higher.
He is now sitting on $450,000 in unrealized profit and is still holding the position.
馃└ABSOLUTE BLOODBATH:
楼1 Trillion wiped out from the Chinese stock market today as it entered a bear market.
Chinese stock market is now headed towards 11 consecutive red weeks for the first time in history.
Whales bought $95 MILLION worth of Bitcoin today.
Smart money definitely knows something!!
BREAKING : 馃嚭馃嚫 Blackrock and other ETFs have bought $528.4 million worth of Bitcoin.
The largest daily inflow in one month.






















