I do not see a world where the wealth effect from the gold rally does not translate to Bitcoin
Acceleration of monetary debasement + growing geopolitical uncertainty + most successful ETF ever + extremely pro-crypto admin
Hard to imagine a more favorable set of conditions

The gold to bitcoin rotation is going to be absolutely diabolical.
I will continue to hold everything below as the DXY debases towards zero over the next several decades. Short term price action and predictions irrelevant, my long term thesis will remain:
Fiat is a zero and I

Andy

Twitter

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Over the past week, Bitcoin experienced its biggest weekly drop in three years. February 5th was an unexpected day for crypto market investors: Bitcoin fell by 13%, marking its largest single-day drop since June 2022, and briefly dipped below $61,000 in the early hours of February 6th.

In this sharp correction...

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Original article | Odaily Odaily(@OdailyChina)
Author｜Azuma (@azuma_eth)
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Bitcoin mining difficulty has plummeted to its lowest level since 2021. Photo: DL News
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