The Brazilian Congress is up to something big again! A proposal to establish a strategic Bitcoin reserve, buying 1 million BTC within 5 years!
If this passes, Brazil will directly overtake the United States and China, becoming the country with the largest BTC holdings?! Big players are already in action, and the national team is also coming in to grab shares; is BTC about to take off? Just think about it, accumulating 1 million BTC over 5 years is equivalent to 5% of the total supply, this is no small feat, this is a true national team entering the arena! Brothers, as soon as this news came out, I gained confidence directly
Don't come here. Saving is better than coming here. This is a scam.
火箭
·
--
Saved money for a year, finally saved 8278u, planning to buy at the bottom by the end of the year, what suggestions do the experts have on which to buy?
Nowadays, various institutions predict, media reports, and various KOLs are full of the rhetoric that "Bitcoin is dead." But throughout history, countless millionaires were precisely born at such nodes.
So, at this stage, accumulating coins has always been profitable, brother.
Every sudden drop in the crypto world appears to be about clearing leverage, but in essence, it is about destroying consensus.
Clearing leverage is merely a technical result; destroying consensus is the strategic goal.
Leverage can be reopened, but once consensus is formed, no one will sell.
When the market forms a unified expectation: this is a bull market, it can't go down here, a pullback is an opportunity to get on board, the market becomes stagnant.
If there is no panic in the chips, the main force won't have low-priced chips.
So a real crash is never about the price; it's about destroying belief.
It makes you start to doubt: Is the cycle wrong? Is the bull market gone? Is Bitcoin failing? When "believers start to doubt," only then is the foundation of the market considered shattered.
No breaking, no standing.
A sudden drop is not the end of the market, but the beginning of the next phase.
In April last year, the crypto market experienced two months of sudden drops. At that time, everyone was asking: Is the bull market gone? This time it wasn’t two months, it was a full six months of sudden drops + suppression. Last year, the whole network was bearish on Ethereum, while the prince emphasized the main upward wave. Last year, that wave outside Ethereum was all about losing money.
The last time it crashed, Bitcoin made way for Ethereum. This time, who will it be?
What happened? Immediately following was Ethereum's three-month independent market, which directly repaired four years of K-line in three months.
Altcoins.
When everyone is scared of the drop, when no one believes in the altcoin season anymore, then the altcoin season will truly begin.
Two months led to three months of independent market. Six months are replacing something much bigger.
Until: When everyone no longer believes in the independent market, the independent market will truly begin.
The cold winter has arrived, are you ready? — The psychological limit of $65,000 and the lifeline
The realized price (Realized Price, RP) calculation is based on the last price when it was moved on-chain, so it is also considered the average cost basis of Bitcoin across the entire chain. However, in reality, this value has a certain degree of distortion.
Due to a large number of ancient coins either being long-term held or lost, it has severely lowered the 'average cost' we observe.
Currently, the number of BTC held for over 10 years is 3,443,000, with an average cost basis of only $106.7 (Figures 1 and 2). Although the average cost for those held for over 5-7 years is also quite low, it is clearly closer to the 'true' value in comparison.
Jiang Zhuoer said that their understanding of the cryptocurrency world is still stuck in the past decade.
姓赵不宣
·
--
BlackRock enters the DeFi market and starts purchasing $UNI tokens, and it is very likely to acquire other blue-chip tokens in the future.
In addition, there is some cooperation information behind it; BlackRock announced that it will launch BUIDL on Uniswap, allowing institutional traders to buy and sell on Uniswap, of course with whitelist restrictions in place.
This move signifies that institutions are starting to actively trust and test DeFi infrastructure, and if successful, the future potential is enormous.
On January 27, 2023, I wrote a tweet — the never-failing on-chain data indicators, hoping to explain the established $BTC bear bottom pattern from multiple angles. Looking back now, although the textual descriptions and pattern annotations seem a bit rough and immature, the content described in the text is still valid to this day. For example: [Never-Failing] On-Chain Data Indicator Five: CVDD; its principle has been introduced on many data platforms, so I won't elaborate here (interested friends can check it out themselves).
Its biggest feature is that it 'never retraces', meaning today's CVDD is always higher than yesterday's. From 2010 to 2026, the price of BTC has been above CVDD every single day; it may come infinitely close at the bear market bottom but has never dropped below. Including in November 2022 $BTC the lowest was $15,800, while at that time CVDD was $14,800.