Bitcoin balance on exchanges just hit an all-time low.
Is a supply shock incoming??? Source: Vivek @Vivek4real_
FLOWMAGEDON... This is absolutely insane:
1. Tesla, $TSLA, has added $450 billion in 1 month 2. Bitcoin has added $1 trillion over the last 12 months 3. The S&P 500 has added $15 trillion over the last 13 months 4. Gold has added $4.5 trillion over the last 12 months 5. Nvidia, $NVDA, has added $2.4 trillion over the last 12 months 6. The Magnificent 7 have added $9 trillion over the last 4 years We are witnessing one of the greatest runs in stock market history.
A VERY IMPORTANT CHART: Bitcoin vs. global M2 ->
One month later, it's tick for tick.. It seems it could be going much higher... Source: zerohedge.com, Bloomberg
Dogecoin is up 170% in the last month
Source: Adam Singer
YTD
Bitcoin +106% Gold +27% Source: Mike Zaccardi, CFA, CMT, MBA
🔸Senator Lummis has put forward a bill for the U.S. Govt to buy 200,000 hashtag#Bitcoin per year over 5 years for a total of 1,000,000 $BTC
At today's price that would be worth $87 BILLION Source: Bitcoin Archive
The YOLO crowd is back.
Retail investors were clearly in the driver's seat today, with Bitcoin-sensitive names finishing +19.7% and Goldman Sachs Meme Basket (GSXUMEME Index) closing +7%! Source: Bloomberg, HolgerZ
Quote of the day:
Source: Compounding Quality
