Bitcoin

gut bought some.

Nice little bit of movement recently. 

I'm guessing we'll see $30k again soon. Maybe today.

Now might be a good time to cash out and re-buy at a lower price.  Apparently with all the banking and crypto stuff going on, this has been a "flight to quality" [LMFAO] driving Bitcoin higher.  Meaning when the dust finally settles BTN is going to be lower.

Might not be a bad bet to shift more crypto exposure to ETH, anyway, after that upgrade.  Of course, the US govt isn't a big fan of POS right now.

No, I won’t be buying any ETH. 

WE ARE IN THE BLACK BOYS! 

$30,000 pic.twitter.com/yWGVXUAFX7

— Lina Seiche (@LinaSeiche) April 11, 2023

She's starting to rip. Right on cue.

What cue are you referring to? This topic?

https://www.vice.com/en/article/wxj7em/how-one-false-viral-tweet-cost-bitcoin-investors-dollar84-million-in-minutes

I was referring to historical cycles and how we're heading into the usual bull run period for the next 18 months or so. The halving is in April and it's usually the lead up to that, and the following 12 months that all the fun happens.

So price movement like this makes sense from that perspective.

As for the article, you would never catch me shorting (or leveraging my own) bitcoin for any reason. 

Another big rip today. 

Back over $40k, at least for the moment.

Woke up and it was pushing $42. $50k before the end of the year, I’d reckon. 

https://www.cnbc.com/2023/12/04/bitcoin-price-at-100000-in-2024-crypto-execs-say-bull-run-has-begun.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message

FWIW

posted by justincredible

Woke up and it was pushing $42. $50k before the end of the year, I’d reckon. 

Not quite, but it's getting closer. 

It's official.

Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.

The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection. pic.twitter.com/oJinqv0wcR

— U.S. Securities and Exchange Commission (@SECGov) January 9, 2024

posted by justincredible

It's official.

Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.

The approved Bitcoin ETFs will be subject to ongoing surveillance and compliance measures to ensure continued investor protection. pic.twitter.com/oJinqv0wcR

— U.S. Securities and Exchange Commission (@SECGov) January 9, 2024

Lmao, I saw you gif before getting back on twitter and seeing the news. 

I just panic sold everything.

Bloomberg has been hacked.

All 11 spot bitcoin ETF tickers are currently being added to the Bloomberg Terminal as 'Pending Listing'

Trading will be ready to go shortly after approval.

Almost there 🫡 pic.twitter.com/P3oV9k4fcp

— Joe Consorti ⚡ (@JoeConsorti) January 10, 2024

posted by justincredible

Woke up and it was pushing $42. $50k before the end of the year, I’d reckon. 

We finally crossed $50k. I was off by about 43 days.