For anyone that forgot this is what happened when bitcoin broke $10,000 in 2019...
Volatility is part of the story To quote Michael Saylor: ""I prefer a volatile appreciating asset over a stable depreciating one..." Source: James Van Straten on X
Bitcoin hodlers this morning...
Happy $100k bitcoin day
$8 BILLION worth of Bitcoin shorts to be liquidated at $110,000
Source: Vivek
HISTORY: With OVER 1,200,000 BTC, Wall Street hashtag#ETFs now hold more Bitcoin than Satoshi Nakamoto
Source: The Bitcoin Historian
Bitcoin is still just 0.2% of global asset value.
Here is the latest update of this chart, which you may have seen in Microstrategy CEO Michael Saylor's presentations. With Bitcoin's price over $90k and ~$2T in market value, it may feel like you're late to Bitcoin... but it is still a tiny bucket in the global asset ocean. Source: Jesse Myers (Croesus 🔴) @Croesus_BTC
As the old adage says... "Concentration makes you rich. Diversification keeps you rich".
#BTC
How it started... the first 16 months of existence of bitcoin
Source: zerohedge
Remember when the Bitcoin ETF first came out in January?
The talk was we would get an initial rush, and then it would level off. Exactly the opposite is happening. Flows are massively accelerating. Source: @EricBalchunas, Fred Krueger @dotkrueger
