Rumor: Trump Will Create a U.S. Bitcoin Strategic Reserve

Those kind of news are the kind of news markets top on

 

Respectfully, this will end up in tears.

 

I am not following the logic that if it goes sideways for a couple more months its "toast" and that the "narrative is broken"?

 

Do you care to expand on this deep thought?

 

bullets will be the new world currency

 

The btc cycle chart is important.

Would it ever be exited to the downside, the narrative (of a "ever rising btc") would be broken.

That is what I ment.

Above 100k it might be not that important any more,
but underneath it is.

 

I guess my confusion was - if we just chop around at these levels for six more months let’s say that doesn’t really break the pattern

 

Yes,
I dont know if this is the most accurate chart up there.

Have seen different charts on X
(price closer to the downside of the ribbon).

 

Visa is not lending money to anyone. It’s just a money transmitter, the banks are lending money. That’s why every Visa credit card is issued by some financial institution

 

Interesting.. thanks for the clarification. This makes sense.