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diogomury
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My top 5 Reasons to think BTC at 67K is a massive buy. None involve the power law.
1. Trump is going to get elected in 107 days. He is massively pro Bitcoin, in contrast to Biden.
2. There is a 100% probability of a rate cut in September, 59 days from today. Trump will cut much, much further.
3. The ETFs are just starting, with Morgan Stanley and Wells Fargo adding the ETF to the platforms in the next month.
4. We are 1.5 yrs into the bull market. They typically last 3 years. Historically, we go up 2x or more from here in the next year
5. Michael Dell is buying Bitcoin (we think). He is 20x Saylor in terms of net worth.
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🚨IT PASSED!!! NEW HAMPSHIRE Governor signed the #Bitcoin Strategic Reserve Act 🥳🥳🥳 and became the FIRST AMERICAN STATE to APPROVE A BSR. What the Act Defines: • Allows the Treasury to purchase Bitcoin and digital assets with a market cap greater than $500M (Currently, only Bitcoin qualifies) • Limits participation to 5% of total State funds • Requires US-regulated custody. -Comes into effect in 60 days.
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