WINNING. BULLISH. ONWARDS.

past clients coming out of the woodwork today...

WHY IS MSTR CRASHING?????

SHOULD I SELL???????

IS THE BITCOIN BULL MARKET OVER??????

make it stop. 🤦‍♂️

Them: "But how much #bitcoin should I buy?"

Me: "How much savings do you want to have?"

Them: [with confused face] "What?"

Me: "wut?"

That giant sucking sound you hear is the world’s purchasing power flowing into the #Bitcoin network.

Anyone else having a difficult time staying caught up on relevant world events and macroeconomic data outside of X?

I am.

Moving on.

What I'm watching... 👀

A strong negative divergence is forming on the $DXY daily chart.

After it's recent (impressive) surge, a US dollar breakdown is IMMINENT... and likely to be triggered by the (dovish) words of Jerome Powell and the (dovish) actions of the FOMC later today.

Why it matters:

A breakdown of the US dollar is NET POSITIVE for risk assets, emerging markets and--you guessed it--#bitcoin.

I wouldn't be surprised if #bitcoin pushes towards $100k by the end of 2024, given the current macroeconomic setup.

Not a bold prediction, just a guess. Let's watch. 🍿