A glass of wine, the fire pit, a Friday night at the beach. The simple things.

“If Bitcoin drops below $66,690 and does not recover by 9:30am EST on Monday morning, it will no longer be immutable sound money backed by physical energy. It will be little more than a failure and I will be forced to sell all my corn and admit defeat. The charts don’t lie.” 🤯

Gold crashed hard today. It was an incredible reversal the likes of which we have rarely seen in investing history. Someone who knows something must have decided shiny rocks won’t hold their value. As I’ve been saying for years, gold is way too volatile to be a store of value!

LOL. Don’t even have to check prices anymore. Just scanning my feed for 2 minutes I have seen every iteration of childish emotions. This is so bullish. Every time it’s been like this, we’ve been higher in a few weeks to a few months. Enjoy this sentiment. It’s where profits live.

Just got back from a long solo run on some of my favorite coastal trails.

Did I miss anything today or pretty slow?

Major price discovery is imminent because the buyers who fear missing out on the run to $100,000+ are about to completely overwhelm the buyers who fear buying at $70,000+ and seeing a 20% retracement. There are no large sellers. Valhalla is near. Godspeed.

True wealth is not a dollar figure. It’s about health, relationships, and how you get to spend your time each day. With that in mind, today I am taking my 1 year old daughter to the beach for the first time. I’m excited to see her reaction and I’m so grateful for the opportunity.

Good news. I climbed up the mountain this morning to see the Bitcoin high oracle. I was sweating and out of breath but he offered me a glass of cold water. From behind his long beard, after a long pause, he said plainly: “$58k is canceled, $95k is next”

You heard it here first.

Long term bond investors can't catch a break. They're getting shellacked again today post-CPI. TLT is down more than 7% ytd and a whopping 26% over the last 5 years. Aging retirees have been sold a bill of goods by unscrupulous tradfi advisors who should have recommended BTC.

BREAKING: CPI came in .1% over expectations. Panic has broken out and there are riots in the streets. Some economists calling for Armageddon. Others say this may be a slight overreaction.

Only 2 remain:

1. Cleanspark +41%
2. Cipher +2%

Terawulf is now -3.5%, Northern Data dropped to -19%

The sentiment is TERRIBLE. I see influencers saying the miners will never go up again.

This means the upside is even more significant. Don't lose sight of where we're headed.

The halving is a double edged sword. Daily supply drops from 900 to 450 BTC. Marginal miners can't compete and will drop off. There will be no large new entrants. The value of existing infrastructure will skyrocket as the cycle progresses and BTC goes parabolic. Watch and enjoy.

#1010 - Will Inflation Bring Out the Fed Hawks? | with Mike Alfred twitter.com/i/broadcasts/1…