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Looks like they're being eaten up at the moment. Let's see if the games have stopped when they're gone
I don't think most people get understand, and that's ok. Even the outsiders will start to take notice and find plays like us when BTC continues to hit new ATH's. Gonna throw this one up on X too, lol.✌️
Yep. Briefly touched it, and as usual we see a pullback, with consolidating, and the next leg up. 70k ain't too far behind IMO.
Seems as if BTC has formed new support at 67K.
Yeah, and with the relatively low volume, others can easily manipulate the price right now as well.
I beg to differ. I'm ground control, and I'm calling Major Tom😂😂😂
Can't help but laugh when I see the ask drop to 4 million and two seconds later, the ask immediately pops right back up to 9 million 🤣. Oh the games they play
Looks like someone is throwing up juuuuuust enough to keep the 12's on the ask.
The odds are definitely in your favor
Because ETF's have changed everything about BTC, I felt we would see 65-66k today, so to see 67k already is really nice. We're in early everybody. 70k is next, and after that, it's gonna get nutty. Let's have a Blessed one.
That's the one I've used for years now. Someone I follow on X who calls himself "The Bull" used this one this morning when BTC hit the ATH
People are still trying to use the old pattern where Bitcoin sold off after hitting ATH's. But the majority of them who sold aren't factoring in the tremendous demand for Bitcoin because of the ETF's. Wouldn't suprise me to see it back up to 65-66k later tonight or tomorrow morning.
The institutions buying up ETF's are having a feast right now at these levels
Looks like someone is nibbling on those 13's. Would love to see them taken out
Got it👍
I use Bitcointicker.co, and it won't keep the high. No biggie though. Only problem is I'm staring at my phone constantly and can't put it down now. Ever. Totally hooked😂😂😂😂
Took a screenshot of it hitting 68,577. 69k looks like just a matter of time.
I'm lovin it. I'll say it again, we're in at the right time.
So BlackRock will start purchasing ETF's thru their 36 Billion Strategic Income Opportunities Fund, and MicroStrategies will be raising 600 Million to purchase more ETF's. Good gracious!!!!
Nice to see 68k a second ago. But no biggie with the 1 tick down as just about all miners had a down day today. We know what's coming. 👍✌️☝️
That would be sweet. Would love to see a .0015 close
TOS has been hot garbage since Schwab took over. Slow to load, or won't oad anything today 😡
Once a play gets hot, usually people start chasing and start taking out the ask. We're getting a lot of eyes on us, and in a smoking hot segment. We should be good moving forward ✌️
Beautiful. 65k, what a nice start to the day🌞
$63,863. Getting close
BTC starting to form higher support. We're looking pretty good 👍
Back over 63k!!! Sweet 😃😃
Bitcoin quietly moved up to ~62,800. Let's see if that's resistance for now, or a climb back over 63k. Still nice for a Sunday.
My pleasure 👍
Oh, it's been a nice little ride so far. Enjoying it frfr!!!😎🚗🚗
Been reading all weekend about BTC OTC desk having no Bitcoin to sell. If course that is not totally true, lol. What people are using is the site Glassnode. Glassnode has a OTC Desk balance showing that the Bitcoin balance is nearly depleted. But apparently they arent listing all the OTC desk out there. But on Friday there was one of the biggest draw down of Bitcoin ever from the exchanges Binance and Coinbase Prime in the past 5 years. (2.3 Billion with a B) So there is definitely truth to a serious tightening supply of Bitcoin right now, and it's only gonna get worse. Get ready everybody!!!!😃😃
Yeah, it's been interesting to see the Bitcoin spikes as the exchanges in different parts of the world start to open up. That was quite the jump to 62,669 in a short period of time.
Agree. I think in the past everytime there was Bitcoin mania, it was because it kept hitting new highs. This time it has been approaching the all time high of 69k, so I think the closer we get to 69k, we will see the same kind of euphoria. We will be the beneficiaries without a doubt. What has me excited is that we have 2 definit driving forces this cycle. The ETF's causing a shortage, and the halving that will choke the supply even further. LFG!!!!
Guys and girls, things are gonna squeeze tighter with each passing day. It's about to get real!!!!
Here's the weekly summary (Feb. 24 - March 1, h/t @HODL15Capital).
— Matt Hougan (@Matt_Hougan) March 2, 2024
Keep it simple: There is more demand than new supply. pic.twitter.com/ighWC0hOOi
Yep. ETF's have totally changed it for forever. Didn't have a reason to look into Bitcoin till now. And apparently the $BTC supply is dewending fast on their BTC OTC Market is what I'm understanding. There's another twist to this that I'm reading too about how Gray Scale and BlackRock can shrink the supply even further. But sure enough, I can't find any of this now when it was just everywhere an hour or two ago, lol.
Starting to read more and more debates between peeps on X stating that exchanges are running out of #BTC. I'm not versed enough to weigh in this on this topic. But if this has even an ounce of validity, and with the halving right around the corner, oh my goodness, watch out.
I'm not hating in any kinda way, I'm really not, but I hope we won't see 11's for some time😂😂😃😆. Pretty sure you'll be able to grab some 12's for sure at the open.
Nice to see BTC consolidating around 62k
Yeah, usually it's been GTSM. But still got a nice close green close on a Friday!!! I'll take it✌️
Nice to see it didn't work, lol.