Jamesvanst

Wild stat:
Since the Bitcoin ETF launch, this is only the ninth trading day where Nasdaq is down at least 1.5% while BTC is positive.

Majority of the Glassnode and CryptoQuant analysts were expecting Bitcoin to go below $80k

Peek-a-boo

Perps funding is negative
Coinbase premium is negative
This is how BTC goes through $100k

Since the halving in April 2024:
BTC mined per day (450) × 633 days = 284,850 BTC
Strategy has acquired 473,010 BTC since the halving.
MSTR is currently acquiring 1.66 times the daily BTC mined supply.

MSTR absorbed the 75% drawdown this cycle so Bitcoin didn't have to, as volatility shifted from spot BTC to the MSTR common stock.
While, Saylor is preventing the bear market by acting as the buyer of last resort issuing heavily at 1x mNAV.

The gold marketing department is working hard, every advert on You Tube is telling me to buy gold bullion

Over the past two weeks, on a cumulative basis during US hours, Bitcoin has generated the best returns.
Much healthier market.

At this point after all previous Bitcoin cycle tops, it was already down at least 50%.

Three months to the day since the October 10 liquidation event.
Still no systematic fallout, just retail leverage wiped……

January 2023: Start of bitcoin cycle, local top
January 2024: ETF launch, local bottom
January 2025: Trump inaugurated, local top
January 2026: Clarity act (Jan 15),...

BTC and Metals

The trade for the first half of the year is for the reacceleration of the US economy.

MSTR is the sixth best performing stock in the Nasdaq 100 YTD.