👋Friends, there is fear in the market and everyone is anticipating a recession. ⌛The most anticipated recession of all time... Do you really think the market will do what everyone expects?
Donald Trump's Machiavellian Plan Is The Most Bullish Thing I've Ever Seen!
If executed, anyone with 0.1 $BTC may never need to work again. Let me explain everything to you 🧵🔽
In recent years, China and Russia have accumulated significant gold as part of a strategic shift in their economic policies. They are not yet the countries with the largest gold reserves, but they have shown the largest reserve increase over the last five years.
Their goal is to back their currencies with gold to strengthen them against the dollar, which has not been backed by anything since the 1970s. Even though the United States has the largest gold reserve in the world, when compared to the total money supply, this percentage is low.
But the United States didn’t need to back the dollar with gold because they had the petrodollar! It refers to the global practice of trading oil in U.S. dollars, which strengthens the dollar by ensuring consistent global demand for it. This system boosts the U.S. economy by attracting foreign investments in the U.S.
The petrodollar system is an agreement primarily between Saudi Arabia and the United States in the 1970s. This agreement expired this year, allowing oil to be sold in any currency. The non-renewal of this agreement weakens the dollar and opens the door for other states to strengthen their currencies.
Donald Trump understood all this, he realized that another solution was needed to strengthen the dollar, and given the amount of dollars in circulation, the gold reserve is not nearly enough to back the dollar. He has repeatedly said he would not let any country take control over Bitcoin’s dominance. The dollar was once backed by gold, which was the source of its initial power. Trump believes it makes sense to do everything possible to back the dollar with digital gold: Bitcoin! He even said that Bitcoin’s market capitalization will surpass that of gold! His long-term plan, with the support of BlackRock and his allies, involves several steps: Create a reserve of Bitcoin by accumulating as much BTC as possible.Pump Bitcoin and stabilize its price to surpass gold's market capitalization.Strengthen the dollar by backing it with a reserve similar to digital gold. Moreover, unlike gold, Bitcoin is truly deflationary, there will never be more than 21 million. This means Bitcoin would be a perfect reserve that increases in value over time, gradually strengthening the dollar.
Bitcoin is a more prosperous reserve than gold. If in 2024 the USA holds 51% of the gold reserves, other powers can still mine more gold and regain dominance. But if you have 51% of Bitcoin, you will have it forever, as no one can mine more. If Trump becomes president and implements this plan, it will be extremely bullish for Bitcoin and the entire ecosystem. I believe that anyone holding at least 0.1 $BTC at that time will never need to work again. That’s a wrap!
✅I have tested a strategy for newly listed coins on Binance that has worked for me 🔥Volatility is the Trader's friend, for this reason you have to know how to take advantage of these extremely volatile opportunities 📈When MEME USDT was ready I got 51.15% in 5 days with my very simple strategy without complications: 🤖I opened a Futures Grid Bot (on another exchange that I like better how the AI bot distributes the risk) with a wide configured price range towards the down and up Photo so you can see the detail of the configuration...
🚨Dashjr, Bitcoin developer and CTO of Ocean, spoke about Bitcoin Ordinals and said that “enrollments” exploit vulnerabilities in Bitcoin Core to spam the blockchain. 🤯
🔧For this reason, Dashjr created a tool called Ordispector, capable of filtering transactions that include records, as the method of adding arbitrary information is called in Bitcoin. This tool has been integrated into Bitcoin Knots, the software used by Ocean.⚙️
🚨Currently, the developer is seeking to have Ordinals recognized as a vulnerability and patched in future versions of Bitcoin Core, the most used software to run Bitcoin. In this sense, he requested help from the US government for this purpose.
👥Although the US government is still evaluating whether Ordinals could pose a cybersecurity threat, members of the Bitcoin community have criticized the situation.
The recent price increase of #Bitcoin (BTC), may have several reasons apart from the future approval of its ETFs on Spot. One of these reasons involves the intervention of the world's five major central banks in traditional financial markets.
Since last October, the central banks of the United States, European Union, Japan, the United Kingdom and China; Together, they have injected around $350 billion into the financial system, according to Goldman Sachs estimates.
Normally when liquidity is injected into the market this favors the price of #BTC
In turn, investors expect the Federal Reserve to begin lowering Interest Rates at some point in 2024, which would generate more liquidity in all financial markets globally.
And it coincides that in 2024 the long-awaited Halving will be 🚀
✅The year will undoubtedly end in Positive when we measure #Bitcoin in terms of annual performance.
📈After each bearish year such as 2014, 2018 and 2022... We had 3 consecutive Bullish years, so the greatest probability is bullish years also for 2024 and 2025.
Don't get carried away by the #FUD market narrative of bad news or "bad press."
🔮Predictions for the Price of #Bitcoin this year 2023. 🔥What will be the maximum it will reach? I look at your opinions/analysis 🤓
My analysis for #BTC that this year we will reach a maximum between approximately 45,000 and 49,000 (we will not exceed 50k this year) but in 2024 we will very easily surpass that mark even by doubling it.
🔥BlackRock wants investors to receive bitcoins in exchange for their ETF shares... But the SEC wants to exchange cash for regulatory reasons. 🤔What do you prefer?
👨💼Businessman Justin Sun found two of his projects in trouble after a hack, a situation he experienced this year. HTX exchange (formerly Huobi) and Heco Cross-Chain bridge were victims of a hacker attack that resulted in the theft of approximately $97 million.
💻According to Cyvers Alerts, a suspicious address received more than 12 million dollars from the Cooperative and about 85 million dollars from Heco. In the Heco case, the stolen funds included $42 million in the Tether (USDT) stablecoin; 10,000 Ethereum (ETH); 489 Bitcoins (BTC) and other cryptocurrencies, with a total balance of more than 84 million dollars. 📑Cyvers, a company that specializes in securing web3 platforms, also reported that a portion of the funds were transferred to decentralized exchanges (DEX) such as Uniswap and 1inch in exchange for ETH and transferred to decentralized exchanges (DEX) such as Uniswap. and 1INCH in exchange for ETH and transferred to other wallets.
🧵The businessman, founder of the famous Tron network, not only admitted what happened, but also promised full compensation for possible losses of the Cooperative's users, while ensuring that their funds are safe. "The community can rest assured," he said.
🚨Let's remember that Poloniex (Justin Sun's stock exchange) was recently hacked, so Sun is attacked from all sides.
⛏️The miners of #BTC are enjoying days of great profitability 🚀 thanks to the high activity of #Bitcoin . The cause of the network congestion of the last few days is the increase in token exchanges of the #Ordinals protocol, which are registered directly in the Bitcoin ledger through transactions on this network. For example, a collection of BRC-20 tokens (Bitcoin fungible tokens) required more than 400,000 transactions to release.
Therefore, the hash price on November 19 reached 0.096 USD/TH/s. 📈
🚨Binance's CZ Changpeng Zhao agreed to resign as part of a settlement with the US Department of Justice ⚖️Zhao plans to plead guilty to violating money laundering requirements, allowing Binance to pay $4.3 billion in fines. ✅The agreement will end the Justice Department investigation, Zhao will retain ownership of Binance, but will be prohibited from holding executive positions.
#Tether “voluntarily” froze #USDT worth $225 million, the largest amount of frozen stablecoins in history. A joint investigation between Tether, the issuer of the USDT stablecoin, the OKX exchange and the ⚖️US Department of Justice has left a negative balance for an international criminal organization believed to be involved in a digital management wallet . The money is frozen.
📑In a statement, Tether said the funds are believed to be linked to a self-hosted external wallet, believed to belong to an international human trafficking criminal organization, based in Southeast Asia. According to the press release, the investigation, which was to last many months, led to a request from the US secret services to freeze funds.
👏Congratulations to all Argentines for having elected a president who will eliminate the Central Bank as it was until now.
✍️Although Milei has not mentioned anything about Bitcoinizing, who knows if in the future it will follow in the footsteps of El Salvador in that regard, only time will show us the truth.
✅The impact it has for Bitcoin and also for any country that adopts it as legal tender is always positive.
$BTC maintains Dominance above 50% (51.43% at this time) according to Coinmarketcap, the Halving is near, the BullRun has already quietly begun... The "bottom" was in the 15,500 area and we will hardly see a BTC lower than that even with possible Black Swan events.
My position on BTC is Full Holding, after having accumulated throughout the bearish cycle in 2022. There is less and less left for everything to explode, according to my analysis 1 year, maximum 1 and a half years.