GenX BTC (@genx_btc) 's Twitter Profile
GenX BTC

@genx_btc

#BTC | Class of 2013 | $MSTR psycho.
Simply stated, "Bitcoin is the preservation of buying power.”
~30 yrs exp trading options, index futures & income stocks~

ID: 1752726266388652032

calendar_today31-01-2024 16:11:42

196 Tweet

722 Followers

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$14.2 trillion. That is the total combined net worth of all billionaires globally. $46 trillion. Global millionaires and billionaires net worth. If both classes buy 1% we have $460 billion in #BTC purchases. 2% - $920b Just some food for thought.

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When you think it can't get any worse... it gets worse. When you think that's as bad as it gets... it gets worse. When you think you'll never recover...it gets worse. You must become one with the worse. Only then will you achieve calm. That's a #Bitcoin selloff. If you're not a

Micro2Macr0 (@micro2macr0) 's Twitter Profile Photo

This is one of the largest #Bitcoin weekly wicks we've seen this cycle. 👀 🤯 If you look at the last time 2 times this has happened 50-100% gains came next. Right now, our target (4) is between the $150,000- $165,000 range before we look to consolidate further. NOTE -

This is one of the largest #Bitcoin weekly wicks we've seen this cycle. 👀 🤯  

If you look at the last time 2 times this has happened 50-100% gains came next. 

Right now, our target (4) is between the $150,000- $165,000 range before we look to consolidate further. 

NOTE -
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No clue if this was intentional or not… Michael Saylor giving the finger to the Winklevoss’s while Cameron was speaking. Bad finger placement or is there some beef between them? Funny either way.

No clue if this was intentional or not… <a href="/saylor/">Michael Saylor</a> giving the finger to the Winklevoss’s while Cameron was speaking. 
Bad finger placement or is there some beef between them? Funny either way.
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We are still in a global risk off environment. Nothing is immune to selling off in an environment like this. Capitulation is the only answer. Without it, we meander lower. Look for a flash crash and quick rebound. It's coming!

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Decoupled? That’s the hot word of the day. We have NOT decoupled, yet. Decoupling for a few days is a start, but by no means, a long term trend. That said, it IS a start. Capitulation. We still haven’t seen it yet, in global markets, including BTC. A capitulative move in

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$CEP is ripping right now. Hard not to have a piece of it with the people involved. Hard to value for now but worth the risk imo.

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The Million Dollar Question: Why is MSTR lagging BTC lately? It's simple, this is purely a change in sentiment. That's all. It's not the ATM, it's sentiment. Saylor holds some of that responsibility, so do the shorts, and so do the FUD spreaders. Ultimately, sentiment will