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Shery_yr 07
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What would you name this island...๐
I say, "Island of Pain"๐
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THIS IS WHY 4 YEAR CYCLE IS DEAD NOW.
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NEW: Strategy places giant ad for STRC on the Nasdaq Tower in Times Square ๐ฝ $BTC
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INDIANA MOVES TO ADD BITCOIN ETFS TO STATE RETIREMENT FUNDS Indiana lawmakers have introduced a bill that would allow state savings and retirement programs to invest in Bitcoin and crypto ETFs, aiming to position the state as a leader in digital asset adoption. The proposal stops short of permitting direct crypto purchases, limiting public investment to exchange-traded products. Eligible programs include the 529 education savings plan and retirement funds for teachers, public employees and lawmakers. Other state investment pools would also be allowed to allocate to crypto ETFs. The bill would additionally restrict how local governments regulate crypto to prevent discriminatory rules. It bars taxes on using digital currency for payments and blocks local bans on crypto mining in industrial zones or noise rules specifically targeting miners. $BTC
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Here's our problem with this prediction: For $BTC to hit $250,000, it would need to surge 177% from current pricesโฆ And Tom Lee thinks that happens in the next few months. For context: The last time Bitcoin pumped 177% was back in 2020, when it ran from $7k to $19k during peak mania. But letโs say Bitcoin does somehow rip to $250k in months. Hereโs the next issue: An ETH/BTC ratio of 0.25 has never happened. The highest itโs ever gone is 0.15, and that was during the 2017 supercycle. We definitely agree $ETH is "grossly undervalued"... But $62,000 in a few months is seriously ambitious. $BTC
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Bitcoinย performance each year: 2025: โฌ๏ธ 10% 2024: ๐ 120% 2023: ๐ 106% 2022: โฌ๏ธ 64% 2021: ๐ 83% 2020: ๐ 305% 2019: ๐ 95% 2018: โฌ๏ธ 74% 2017: ๐ 1,375% 2016: ๐ 120% 2015: ๐ 36% 2014: โฌ๏ธ 58% 2013: ๐ 5,428% 2012: ๐ 218% 2011: ๐ 1,317% $BTC
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