đ BITCOIN IS A DEAD COIN. ITâS GOING TO $1. đ
Change my mind. Iâll wait. đ
Iâve been watching BTC all week, and Iâm starting to think the emperor has no clothes.
1ïžâŁ âDigital goldâ? Really?
Gold is +1.2% this week. BTC is -1.3%. When the US inflation shock hit, gold bounced and Bitcoin got liquidated. Fidelity Digital Assets now says Bitcoin moves with US Treasury real rates. So itâs not a hedge. Itâs a leveraged bond trade with a logo. đ€·ââïž
2ïžâŁ The âinstitutionsâ are leaving
US Bitcoin ETFs just bled $261M in one day. The suits who were supposed to buy forever are hitting the sell button too.
3ïžâŁ Itâs a casino, not money
Almost $1 BILLION liquidated in a single day this week. Then a $1B short squeeze the next day. Real money doesnât do that. Leverage does.
4ïžâŁ Governments are tightening the rope
Russiaâs central bank is moving to ban retail crypto transfers to self-custody wallets. How many countries are next? đȘ€
5ïžâŁ The scoreboard doesnât lie
$BTC is -6% YTD, in a year everyone said would be âthe cycle top.â đ
So hereâs my take: from $82,000 to $1. Slowly, then all at once.
đ„ But Iâll be fair. The bulls will say:
âIt just bounced from 80K to 82K in 24 hoursâ âETF investors were back in profit in Septemberâ âItâs been declared dead 400+ times and itâs still hereâ âFixed supply. 21 million. Forever.â đ
âïž So which is it?
đ °ïž BTC â $1 đ
đ ±ïž BTC â $150K đ
đ Čïž âBro, just stack sats and stop postingâ đ
Pick A, B or C in the comments and defend it. The best argument gets pinned đ
Follow, because the results of this debate will be posted next week đ
$ETH $BNB
#Bitcoin #BTC #Crypto #WriteToEarn
Change my mind. Iâll wait. đ
Iâve been watching BTC all week, and Iâm starting to think the emperor has no clothes.
1ïžâŁ âDigital goldâ? Really?
Gold is +1.2% this week. BTC is -1.3%. When the US inflation shock hit, gold bounced and Bitcoin got liquidated. Fidelity Digital Assets now says Bitcoin moves with US Treasury real rates. So itâs not a hedge. Itâs a leveraged bond trade with a logo. đ€·ââïž
2ïžâŁ The âinstitutionsâ are leaving
US Bitcoin ETFs just bled $261M in one day. The suits who were supposed to buy forever are hitting the sell button too.
3ïžâŁ Itâs a casino, not money
Almost $1 BILLION liquidated in a single day this week. Then a $1B short squeeze the next day. Real money doesnât do that. Leverage does.
4ïžâŁ Governments are tightening the rope
Russiaâs central bank is moving to ban retail crypto transfers to self-custody wallets. How many countries are next? đȘ€
5ïžâŁ The scoreboard doesnât lie
$BTC is -6% YTD, in a year everyone said would be âthe cycle top.â đ
So hereâs my take: from $82,000 to $1. Slowly, then all at once.
đ„ But Iâll be fair. The bulls will say:
âIt just bounced from 80K to 82K in 24 hoursâ âETF investors were back in profit in Septemberâ âItâs been declared dead 400+ times and itâs still hereâ âFixed supply. 21 million. Forever.â đ
âïž So which is it?
đ °ïž BTC â $1 đ
đ ±ïž BTC â $150K đ
đ Čïž âBro, just stack sats and stop postingâ đ
Pick A, B or C in the comments and defend it. The best argument gets pinned đ
Follow, because the results of this debate will be posted next week đ
$ETH $BNB
#Bitcoin #BTC #Crypto #WriteToEarn