$BTC drops $3K after Blackrock dumps 4,000+ $BTC via Coinbase Prime. Quick math shows that if MicroStrategy dumps its 650,000 $BTC today and right here, the current price of $83.5K should drop another $487.5K and hit exactly minus $404K. You will be PAID $404K to hold $BTC.

This is the Pokemon equivalent of DATs. After Saylor with $BTC, comes Lee with $ETH, then you get a bunch more with $SOL, etc. With Pokemon cards, it's obvious to the average trader that not every card can benefit from this phenomenon (too much supply and competition), but in

According to this chart, for this parabola not to break, $BTC would've had to time-travel to the past(?)

One shouldn't expect $BTC to catch up to $QQQ or $SPY. In the short-term, it'll be the other way around.

1. This post is double-counting a lot of the outflow. The $BTC flowing out of Wintermute 's hot wallet is mostly composed of $BTC that flew out from Coinbase 🛡️ and Binance, for example, to Wintermute. 2. I can think of 4-5 routine reasons for exchange-related $BTC outflows

I was chatting with Claude about the situation with Japan’s yields, and I asked it to put together a full recap, with an intro explaining how bonds and yields relate. I hadn't read about this stuff in years, and the intro turned out to be a great primer for anyone who wants to

Do we finally understand that the $MSTR preferred dividends reduce Bitcoin per share when funded with common stock sales and/or BTC sales or are we still living in a fantasy land?

I just noticed the wick to $88.3K that happened on Coinbase in the past hour. $BTC might fill that wick in most exchanges before going up for a few days. Also, the S&P just filled the last gap to the upside (6,890) today, there is nothing else above and no catalysts for risk

Filled the wick. Just longed $BTC.

$BTC is up $1.2K. I might let this long play out til EoD.

The same entity has been appearing in the order books with more than 2,000 $BTC for the past couple of months. Before October 10, they typically deployed less than half of that amount to spoof the OB. Now, whenever they switch from showing 2,000+ $BTC on the buy side to 2,000+

This says: Long the dips, with a TP on January 1 of at least $93.5K.

Closed and shorting $91K to fill the CME gap around $89.4K. Will long around there too to close before FOMC.

And then you have CT constantly posting "everybody predicted the top, so we're about to hit new ATHs" and/or "everyone is saying it's a bubble, so it's not a bubble."

There is a conclusion many of us avoided before asset management firms (e.g., BlackRock), sovereign wealth funds (e.g., Abu Dhabi, Luxembourg), and nation-states (e.g., El Salvador, *kind of* the U.S., etc.) started accumulating $BTC. We all suspected institutional involvement

$1K a day keeps the doctor away.