#Bitcoin is the only thing in the world that remains inelastic to its price.

It’s all about information asymmetry. I only know public information, but I've taken the time to stay informed. Most people don’t.

Back in 2017-2018, I gave Bitcoin a 10% chance of taking over the world. But at $3,000 a coin, it was still an incredible investment—a 10% chance of potentially going up by 1,000x or more.

Today, in 2024, six years later, I believe the chance of Bitcoin conquering the world is 90%. In terms of real purchasing power, that makes it a very solid investment today—a small risk for high returns, even if they're not astronomical. At $60,000, there's still potential for 50x growth.

That means properties could drop by 50x against Bitcoin, store prices could drop by 50x against Bitcoin, and stocks could drop by 50x against Bitcoin in the next 20 years.

So, if an apartment in London costs about 15 Bitcoin today, I believe there's a high probability that in 20 years, it’ll be worth 0.3 Bitcoin—which today equals around £10,000.

This is my view on the world, Bitcoin, real estate, and more. If I'm wrong, I’ll bear the consequences. If I’m right, it won’t have been just luck.

‘Everyone buys Bitcoin at the price they deserve.’ ‘Everyone owns as much Bitcoin as they deserve.’

🔥🚀📈 @PlamenAndonov -YTube, FB
$BTC

700% Growth for Bitcoin in This Cycle? 🚀

We haven't seen the real bull run for Bitcoin yet, according to expert Adam Back. The CEO of Blockstream believes that Bitcoin is still in the early stages of its bull market and could potentially grow by over 700% during this cycle! 💥

In a recent interview with Anna Tutova from Coinstelegram, Back discussed Bitcoin's future, referencing predictions from figures like Arthur Hayes, who forecasts a $1 million price for BTC by the end of the cycle, while others suggest a range of $500,000. Back finds these predictions plausible. 💸

The expert explains Bitcoin's bullish momentum with factors such as long-term holding patterns by investors and t$BTC
#he impact of spot BTC ETFs. As new investments enter the market, the market cap increases, but the actual amount needed to drive up the price is significantly less. 🪙

Back notes that even small investments can lead to significant market cap growth, especially when new buyers are long-term holders or ETFs that store BTC. This could result in a stable and impressive rise in the price of the leading cryptocurrency! 📈 #BTC

$BTC
#### 🚀 Bitcoin on the Rise: 3 Reasons Why a New All-Time High Could Be Coming 💰

Bitcoin (BTC) recently dropped over 25% during market turmoil on August 5th. However, indicators suggest this might be a bear trap, with potential for a new all-time high in 2024. Here’s why:

**1. Bullish Divergence**
Bitcoin’s price shows signs of bullish divergence on weekly charts, where the Relative Strength Index (RSI) indicates weakening downward momentum. A Doji candle pattern, combined with rising trading volumes near the bull flag’s bottom trendline, suggests that Bitcoin could rise to $66,500 by September. If it breaks above this level, a rally toward $79,000 and a new record could follow.

**2. Whale Accumulation**
Bitcoin whales—holding at least 1,000 BTC—have withdrawn over 73,000 BTC from exchanges in the last 30 days, marking the largest accumulation since 2015. Such large withdrawals usually signal bullish intent, as these investors likely plan to hold rather than sell.

**3. Favorable Macroeconomic Factors**
Macroeconomic trends are also in Bitcoin’s favor. CME data shows a 100% chance that the U.S. Federal Reserve will cut interest rates in September, a positive sign for BTC. However, inflation data due on August 14th could impact this outlook.

🚀 Is Bitcoin gearing up for a historic bull run? Stay tuned!

$BTC
BTC Bulls: Get Ready for the Next Big Move 🚀

In a detailed analysis shared on X, prominent trader Benjamin Cowen dived into historical patterns to suggest how Bitcoin (BTC) bulls can avoid another price dip. Recent movements in Bitcoin's price have brought it dangerously close to experiencing a "death cross"—an event that occurs when the 50-day Simple Moving Average (SMA) drops below the 200-day SMA.

As of now, data shows that the 50-day and 200-day SMAs are positioned at $61,998 and $61,882, respectively. While the term "death cross" might sound ominous, signaling a potential price drop, Cowen points out that this isn't always the case. In fact, the last time this happened in 2023, BTC surged right after, using the 50-day SMA as support to power its rally!

Cowen believes that the key to continuing this bullish momentum is for BTC to first break above the 50-day SMA ($62,000) and hold it as support. If it does, we're in for another exciting ride to new highs! However, if this level isn't maintained, the downward trend could persist unless there’s a significant change in macroeconomic conditions, especially if the Federal Reserve adjusts its policies in favor of crypto and other risk assets.

Despite the recent price surge, market analysts note a lack of strong reaction in futures market interest. But according to CryptoQuant's Julio Moreno, this latest spike in Bitcoin's price is largely due to short covering on the futures market, signaling that the bulls might still have plenty of energy left in the tank! 💪🚀

🔥 **Solana Meme Coin FWOG Rockets Over 85% in Just 24 Hours!** 🚀

Crypto enthusiasts, take note! 🌟 On August 9th, the meme coin FWOG, riding on the powerful Solana blockchain, saw a meteoric rise, catapulting its price by over 85% in just one day! Breaking past the $0.02 barrier, FWOG now sits at an exciting $0.0204, turning heads across the crypto space.

While meme coins like FWOG are notorious for their wild volatility and speculative nature, this latest surge has the community buzzing with excitement. However, remember that with high rewards often come high risks. 🌐 Stay informed, and trade wisely in these thrilling yet unpredictable markets! 💰 #FWOG $SOL

Optimistic Vision for Bitcoin
$Michael Saylor, known for his unyielding belief in Bitcoin, personally holds over $1 billion in the cryptocurrency, while his company, MicroStrategy, owns around 226,000 Bitcoins worth approximately $15.3 billion. At the crypto conference in Nashville in 2024, Saylor caused a stir with his bold prediction that Bitcoin's market capitalization will soar to $280 trillion by 2045. He spoke just before Donald Trump, capturing the attention of thousands of attendees with his visionary ideas.🚀 Bitcoin – The Future of Financial MarketsSaylor emphasized Bitcoin's longevity compared to other assets, highlighting that digital capital has the potential to outlast physical assets. He noted that Bitcoin's current market cap is $1.3 trillion, representing just 0.1% of global wealth. According to Saylor, in a base scenario, Bitcoin could reach $13 million per unit, representing 7% of global wealth, with a market cap of $280 trillion and an annual return of 29%.Saylor believes Bitcoin will surpass traditional assets like art and gold, offering the crypto community not only security but also immense growth potential. He also pointed out that Bitcoin is gaining wider acceptance, with increasing political support and a focus on its long-term potential.🌟 Inspiration for Crypto EnthusiastsSaylor's speech at the Nashville conference was filled with optimism and inspiration for crypto enthusiasts. His words and vision for Bitcoin's future indicate that the cryptocurrency has the potential to transform the global financial system and offer new opportunities for investors.$BTC

Ripple is set to release 1 billion XRP tokens on July 31, 2024, which could introduce selling pressure to the market.

Since implementing its escrow system in 2017, Ripple has been conducting these monthly unlocks, initially locking away 55 billion XRP.

Currently, about 44.02 billion XRP remain in escrow, awaiting future unlocks and potential sales. The upcoming release will inject XRP worth $600 million into circulation.

Historically, Ripple has often re-locked a significant portion of these tokens, a practice expected to continue.

On-chain data from XRPScan indicates the unlock will occur in the "Ripple (24)" and "Ripple (25)" accounts, with 200 million, 300 million, and 500 million XRP respectively.

So far this year, Ripple has sold 1.826 billion XRP from its treasury, amounting to $1.09 billion at the current price of $0.60 per token.
$ XRP #XRP

$BTC $BTC
🚀 Bitcoin's Bullish Prospects: Major Influencers Weigh In! 🚀As the Bitcoin market shows signs of another bullish run, key figures are weighing in on its future. Former President Donald Trump is set to speak at the upcoming Bitcoin Conference, potentially signaling a significant shift in the financial landscape. On the other side, Vice President Kamala Harris, who is running for president, highlighted the importance of digital currencies in future economic policies, showcasing bipartisan interest in the crypto world.The Bitcoin Conference is set to bring together industry leaders and enthusiasts, all bullish on Bitcoin’s prospects. The consensus? Bitcoin is poised for another major leap!Join the conversation and stay ahead of the curve. 📈💰#Bitcoin #BTC #Crypto #CryptoNews #Blockchain #BitcoinConference #Bullish #FinancialFreedom #CryptoCommunity