bután

▶️Bitcoin Update:

- Today's drop was primarily a futures maneuver to create volatility; there's no strong selling pressure from SPOT.
- In fact, there's a clear divergence with SPOT buying and FUTURES selling, resulting in negative funding.
- Both long-term and short-term, there are way more protections below than above.

IMHO:
I'm in a long position on ETH since $2,280 and Bitcoin since $76,300. This morning, it looked like the positions were doing great, then it pulled back, but I still have faith in them. We could be a lot worse off, and we're not.

▶️BREAKING: Legendary investor Paul Tudor Jones says, "Bitcoin is, without a doubt, the best hedge against inflation. More than gold because Bitcoin is finite."

▶️Bhutan is offloading Bitcoin.

Bhutan just moved another 100 BTC ($7.83M) out of their holding wallets.

At this rate, they will have sold all their BTC by October this year.

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