📢 Today Saylor approved the BTC Monetization Program, under which the company can sell $BTC worth up to $1.25 billion to replenish its USD reserves, pay dividends, conduct share buybacks, and more.
Waiting for the final correction!? Sick of being a non-coiner 🫡
#BinanceTokenStory Back in 2016, when trading cryptocurrencies was not as popular, it was all the rage to trade on Steam. I was successfully flipping good skins and knives in Counter-Strike. Alongside this, I was checking out a lot of finance and investment guides on YouTube. This way, together with other Steam traders, we expanded our horizons and opportunities. But I really didn’t want to exit the CS:GO market. Everything there was familiar and comfortable.
If we trust the CVDD metric, the historical bottom of the current bear market might be around $47,000
🏷 CVDD is one of the oldest on-chain indicators for Bitcoin. It’s calculated based on the activity of long-term holders and shows the level where BTC found its cyclical bottom in 2011, 2015, 2018, and 2022
In previous cycles, the CVDD area became the final capitulation zone and market reversal point. Right now, the CVDD value is around $47k, and I’m eyeing this level as a potential target for a drop
Although some analysts suggest that the price might dip below the CVDD for the first time, historically, this indicator remains one of the most accurate benchmarks for locating BTC's long-term bottom
For years now, Strategy, under Saylor's leadership, has been stacking BTC almost every week. This makes them the largest corporate holder of BTC.
They've consistently been buying up Bitcoin in the hundreds of millions and sometimes even billions of dollars.
🗣 The purchases by Strategy were funded through the issuance of stocks and debt instruments.
There has always been a firm stance of 'We don’t sell,' but just yesterday, Saylor stated that the company might consider selling a small portion of their BTC if needed, including to meet obligations.
Yesterday I was flipping $OPG, today it's $GENIUS.
If you flip really fast to avoid losing on the price or carefully snagging limit orders, it practically costs nothing (but if you hesitate, you might lose a few bucks).
1,000*4 times*4x boost = 16 points a day (240 total).
If I find stable pairs, I can crank up the volume by 10 times.
You’ll see the report on the first drops and the stats on the channel ☕️.