In the 2021 bull season we saw BTC's ATH of 69k$

Remember that when BTC was at 10k$ years ago, no one thought it would reach such a high price.

Then to this point. In less than a year, the Bitcoin halving will come

And when the Halving season passes 1 year, BTC's new ATH will be established

BTC price expectations of many major analysts predict 134k$ 200k$ 500k$ even 1M$, ... woa

One whale wallet made 446,593,853.66 USD profit from Bitcoin investment within 1 year

This whale continuously bought Bitcoin at the price of $22k last July. It seemed like he was all in on BTC, but when the price of BTC dropped to $15k, this whale wallet bought more to average the price.

Like many other holders, this whale wallet also "cut losses" when there was news that BTC broke the bottom at the price of 10k$... And a large amount of BTC was sold at the price of 16k$

Just at the beginning of the Uptrend wave, BTC is already $31k

In the past few years the US has been pumping money into the market in such a big way, inflation is inevitable

We are in the expensive money phase, but only when the Fed lowers interest rates will we move to the "cheap money" phase. And BTC was the first asset to increase in price

#BTC

This is Gold Market Capitalization

Before ETF 2004: $1 trillion

(First gold ETF approved November 1, 2004)

After ETF 2023: $13 trillion
#BTCmarket capitalization

Before 2023 ETF: $515 billion

If BlackRock ETF passes, 5 years later: capitalization?

Facing the chaos of the market, what do we see is RISK or OPPORTUNITY?

DXY is still at a high level of 103.31 points. If you want DXY to cool down, the FED will stop raising interest rates and central banks will continue to increase.

The Australian central bank has just increased interest rates to 4.1% (the highest in the past 11 years) and next Thursday, it is likely that the British central bank will also increase interest rates to 5.75% (the highest since 2007). ).

However, the Ministry of Finance still sells public bonds, sucking USD out of the market, making USD more valuable.

The Ministry of Finance 🇺🇸 will auction an additional $278 billion USD in Public Bonds.

The number of bonds last week was sold out, it is unclear who bought them.

Please buy Bitcoin

#BTC #Tomshill

Bitcoin is very secure, because it is one of the most powerful networks in cyberspace. 5 million Bitcoin miners are supported by 15 gigawatts (GW) of energy, and 15 gigawatts is more energy than the US Navy uses.

If you want to prevent me from doing transactions on the bitcoin network for 8 hours, you need to generate an additional 3,000 exahashes (EH/s) and it will cost you about 10 years and 100 billion dollars.

Volcano Energy, a bitcoin mining company with the goal of exploiting renewable energy, was founded in El Salvador under the leadership of CEO Josue Lopez and president Max Keiser.

The company plans to build a multi-billion dollar renewable energy park in El Salvador and has found an investor in its first round of capital, Tether, with an investment of $250 million.

The mining camp location is located in the municipality of Metapán in the province of Santa Ana, El Salvador. The size of the mining farm has a total capacity of up to 241 megawatts (MW). This includes 169 MW of solar energy and 72 MW of wind energy. This output is expected to generate more than 1.3 EH/s of computing power. One EH/s is equivalent to one million billion hashes per second.

The SEC is weaponizing their role to kill an industry. Allowing a company to go public and then hindering its efforts to register is indefensible.

Gary Gensler, we'll meet in Congress.

- Senator Bill Hagerty

In all games, there are opposing factions

I don't know what crypto power the SEC has behind it. But the SEC's recent consecutive actions have had a significant impact on the psychology of investors in the Crypto market.

Now the debt ceiling is over

The Ministry of Finance will sell more than 1 trillion bonds

Starting with $170 million this week, it also means that a cash flow from the market will be through bonds, instead of through stocks & crypto.

Depending on how much money is, it may have a negative short-term or long-term impact, so we don't care. If all these bonds cannot be sold, the FED will buy them back, which means printing money.

Bitcoin has been around 26-27K ~3 weeks now

The zone between $26,360 and $27,160 is important as 2.36 million addresses bought more than 1 million BTC.

Source @ali_charts (twitter)