BITCOIN WILL “NEVER” HIT $100,000 🤔 YOU WERE RIGHT 😏 Trading Crypto or Stocks is YOUR DECISION and you should be SOLELY ACCOUNTABLE for it. NFA.

My Coach used to tell me “Let them Be Right…“ 😏 I said “Why… what 🤬 do you MEAN⁉️”

He said “Let them Be Right, You go get Rich…” 🤑

☝🏽 He was Rich 🤑 …AND he was Right but he let “them” think they were both 😏

$Bitcoin (BTC.CC)$ has no top because fiat has no bottom.

How high can BTC go?

As low as fiat goes, but in the opposite direction.

As more money gets printed (as it always does), where do rich people put their money?

When you know the answer to this question, you'll know why the price of bitcoin can only go up.

It’s all about what units you’re pricing it in

If the units are constantly devaluing through inflation, then BTC just keeps going up and 🆙

Bitcoin could hit 700k

- Larry Fink of BlackRock ✊🏽🪨 via MarketWatch

Join 📈 BITCOIN & CRYPTOCURRENCY with us

News 🗞 US Treasury Department releases report calling Bitcoin digital gold

▪️Digital asset market cap remains low relative to other financial and real assets, and growth thus far does not seem to have cannibalized demand for Treasuries

▪️The use case of digital assets continues to evolve, but interest has proceeded along two main tracks

▪️Primary use case for Bitcoin seems to be a store of value aka "digital gold" in a decentralized finance (DeFi) world; speculative interest seems to have played a prominent role in the growth of digital tokens thus far

▪️ Efforts to leverage blockchain and distributed ledger technology (DLT) to develop new applications and improve the legacy financial market clearing and settlement infrastructure

Why is there a drop in the Crypto Market? 🤔

1. Stronger than expected U.S. Economic data:
Higher interest rates tend to reduce the appeal of riskier assets, aka cryptocurrencies, leading to decreased investment in the cryptos.
(Source: Investopedia)

2. Increased U.S. Treasury Yields: The rise in bond yields, particularly the 10-year U.S. Treasury yield reaching 4.70% (triggered a risk-off sentiment among investors)
This shift often results in the reallocation of funds from volatile assets like cryptocurrencies to more stable investments.
(Source: CoinGape)

3. High Leverage and Liquidations
I suspect this is the main driver behind the "crash". The crypto market is notoriously volatile and combined with high-leverage trading, it is not prone to liquidations. These forced sell-offs can lead to greater price declines.
The US Govt has been given the greenlight to liquidate 69,000 BTC ($6.5B) from Silk Road, an official confirmed to DB News today.

Market saw significant liquidations, with over $627 million wiped out in a 24-hour period, affecting more than 204,000 traders. The majority of these were long positions, indicating that many investors were betting on price increases and were caught off guard by the sudden downturn. (Source: The Currency Analytics)
$XRP (XRP.CC)$ $Bitcoin (BTC.CC)$ $MicroStrategy (MSTR.US)$ $Cardano (ADA.CC)$ $Coinbase (COIN.US)$

This is the most pro bitcoin administration on the planet 🌍

Richest country in the world is about to become even more supportive of bitcoin than El Salvador.

What ever you think is going to happen, it’s gonna be 10x that. You aren’t bullish enough.

BTC is a fluke you guys are right.. I should just sell it all and listen to Broke Folks 😏
.
Documentation Beats Conversation 🗣
100k and counting 📈 BTC HITS 100k DECEMBER 4, 2024

News: US Treasury Department releases report calling $Bitcoin (BTC.CC)$ digitall gold

▪️Digital asset market cap remains low relative to other financial and real assets, and growth thus far does not seem to have cannibalized demand for Treasuries

▪️The use case of digital assets continues to evolve, but interest has proceeded along two main tracks

▪️Primary use case for Bitcoin seems to be a store of value aka "digital gold" in a decentralized finance (DeFi) world; speculative interest seems to have played a prominent role in the growth of digital tokens thus far

▪️ Efforts to leverage blockchain and distributed ledger technology (DLT) to develop new applications and improve the legacy financial market clearing and settlement infrastructure

.
Name something else besides $Bitcoin (BTC.CC)$ that started at 0 roughly and went to 100k in value per unit within 15 years and changed the world 🌍

$Bitcoin (BTC.CC)$
Don't forget, bitcoin has reached a new high, so now all bitcoin holders are profitable.
In other words, there are no trapped positions, no selling pressure, only the pressure of taking profit, when these people sell off. The price has unlimited potential.

• BTC is great to BUY & HOLD aka HODL 💹📈💹 Challenging to trade but excellent to HODL for Patient People. On hyper-volatile assets, like BTC, that have a ridiculously high CAGR ROI on an annual basis.. You can do well looking at the % it yields over 1 year 5 years 10 years & see that it’s impressive enough to HODL as one of the highest yielding assets / instruments of all time (in BTC case the last 15 years is unheard of regarding its CAGR ROI). Past performance doesn’t guarantee future results…

The US Securities and Exchange Commission (SE - moomoo

🐂 Bullish Scenario 📈

• If the price holds above $96,175 and breaks $97,096, expect a bullish continuation toward $98,000-$100,000.

• Confirmation requires strong candles closing above $97,096 with volume support.

🐻 Bearish Scenario 📉

• If the price breaks below $96,175, it could trigger a pullback toward $93,601 or lower.

• A close below $93,601 would signal a more extended bearish correction.

Most Likely Trend:

• Consolidation with a Slight Bullish Bias:
The chart suggests Bitcoin is consolidating within a tight range, preparing for a potential breakout. The bias remains bullish as long as support at $96,175 holds.

Key Levels to Watch

• Resistance: $97,096 (Breakout confirmation) and $98,000-$100,000 (next target).

• Support: $96,175 (critical support) and $93,601 (stronger support zone).

• BTC can go to 250k in next 12 months 🤔

https://youtu.be/RVqm779p5U8?si=HbDyYxmMDvegoWnR

.
$Bitcoin (BTC.CC)$ BTC is great to BUY AND HOLD aka HODL 💹📈💹

Challenging to trade but excellent to HODL for Patient People.

On hyper-volatile assets, like BTC, that have a ridiculously high CAGR ROI on an annual basis..

You can do well looking at the % it yields over 1 year 5 years 10 years & see that it’s impressive enough to HODL as one of the highest yielding assets / instruments of all time (in BTC case the last 15 years is unheard of regarding its CAGR ROI).

Past performance doesn’t guarantee future results…
.
as of Nov 15 In the last 13 years, the Bitcoin index (in USD) had a compound annual growth rate of 99.47%, a standard deviation of 154.12%, and a Sharpe ratio of 0.82
.
Scroll through the pics in this post and or comments
Screenshot of post that was made when BTC was around 60k look at that massive breakout.

No words needed just trust the TA 😍
Bullish Scenario:
• If the price holds above $96,175 and breaks $97,096, expect a bullish continuation toward $98,000-$100,000.
• Confirmation requires strong candles closing above $97,096 with volume support.

Bearish Scenario:
• If the price breaks below $96,175, it could trigger a pullback toward $93,601 or lower.

• A close below $93,601 would signal a more extended bearish correction.

Most Likely Trend:
• Consolidation with a Slight Bullish Bias: The chart suggests Bitcoin is consolidating within a tight range, preparing for a potential breakout. The bias remains bullish as long as support at $96,175 holds.

Key Levels to Watch

• Resistance: $97,096 (Breakout confirmation) and $98,000-$100,000 (next target).

• Support: $96,175 (critical support) and $93,601 (stronger support zone).
.

BTC TA $100K is technically reached, as S/R is about a region level and not an accurate mathematical number. The highest high at 99800 is only 200 shy of 100K. The small doji at this highest peak showed that the strength of rising is already in doubt and profit-take comes along. And comes the big bearish candle (fourth candle). Next support level is around 90855 area, which also coincides somewhat with previous resistance levels created about 1.5 week (10 - 14 candles back) earlier. Two days ago, it formed a lower high (below 90855). Let's see if price will further come back to test the support around 90855 before another buying comes in. If the next rally up cannot get above 99800, then we may still see a sideway or downward pressure on this. It is also possible that price will come towards the fibonacci level of 61.8 - 50% region too. This is just TA, not to be construed as any recommendation for buying or selling of BTC.
.
$Bitcoin (BTC.CC)$ & $Coinbase (COIN.US)$
$Blackrock (BLK.US)$, Inc., a major investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission (SEC) on November 12, 2024, indicating a significant ownership stake in Coinbase Global Inc Class A common stock. The filing reveals that BlackRock owns 11,470,846 shares, which represents 5.7% of the class, giving it sole voting and dispositive power over these shares
.
Crypto Updates November December 2024:

The department of the US Treasury has published data comparing Bitcoin to digital gold.

The strategic Bitcoin Reserve is coming.

US Treasury Department releases report calling #Bitcoin digital gold 🇺🇸

Amazon AWS partners with Ripple #XRP

$PEPE💰 surpasses a $10 billion market cap.

$9.85 trillion Charles Schwab Head of Trading: Demand for #Bitcoin ETFs are picking up, clients are bullish this quarter 🚀

📊 Crypto Fear and Greed Index

🧭 Index Value : 79
😱 Sentiment : Extreme Greed

BlackRock’s $ETHA bought $572.9M worth of Ethereum this week.

Total #Ethereum💰 holdings for $ETHA is now at $3.1 billion.

💰 BTC outflows from centralized exchanges accelerated at the $100,000 mark.

FUN FACT: 7 years ago today, Bitcoin reached an all-time high of $15,000 for the first time.

🇬🇧🇫🇷 Total cryptocurrency market cap surpassed the GDP of the United Kingdom and France.

Michael Saylor on Fox Business: 🥇 "#Bitcoin is the digital transformation of global capital. With a potential $280T market cap by 2045, it’s more than money—it’s freedom."

🇸🇾 The plane carrying Syrian President Bashar Al-Assad as he fled Damascus has either crashed or carried out an emergency landing, per flight radar data.

🇺🇸 For the first time in history, U.S. ETFs see an annual inflow of $1 Trillion

JOE CONSORTI: "One day after my last chart, bitcoin is now $5,000 lower, following the path set by global M2 several weeks ago very closely.

🔥 Cardano founder Charles Hoskinson predicts #Bitcoin could reach $500,000 in two years, driven by #DeFi growth and increased government adoption.

The total market capitalization of public mining companies has exceeded $40 billion! 💰

#BITCOIN NATION STATE FOMO INTENSIFIES

🇷🇺 Russia recognizes Bitcoin as property
🇲🇦 Morocco legalizes it after a 7-year ban
🇨🇳 China declares Bitcoin as property
🇧🇷 Brazil introduces Bitcoin Strategic Reserve Bill

🇷🇺Putin legalizes crypto in Russia for foreign trade.

💰 Bitcoin ETFs in the US have attracted $6.2 billion in net inflows this November, setting a new record as Bitcoin surged near $100,000, fueled by optimism around President-elect Trump’s pro-crypto agenda. 🔥

Funds from BlackRock, Fidelity, and others surpassed the February peak of $6 billion ahead of the launch of Bitcoin ETFs.

Bitcoin currently trades at $96,400, more than doubling this year.🚀

🚀 Bitcoin to $124K Before 2024 Ends? ARK Invest Weighs In

📈Bitcoin might hit $104K–$124K by year-end, according to ARK Invest’s David Puell, who sees the market about 55%-65% through the current bull cycle. 🧐

📊 On-chain metrics suggest a potential peak near $126K–$134K, though these could rise if momentum accelerates.

💎 The Open Network (TON) has launched the TON Teleport BTC cross-chain bridge, enabling Bitcoin transfers to and from the blockchain as tgBTC in Telegram.

Deposits and withdrawals are fully autonomous, without third-party intermediaries.

🇭🇰 Boyaa Interactive, the “MicroStrategy of Hong Kong,” swaps 14,200 $ETH for 515 $BTC, now holding 3,183 #Bitcoin worth $49.48M at an average cost of $57,724.

📈 Ether ETFs are beating their Bitcoin counterparts amid recent ETH rally

Spot $ETH ETFs saw about $225M in net inflows between Nov. 22-27, which was $190M more than the spot #Bitcoin ETFs.

🔥 Parity Technologies has announced that #Polkadot💰 2.0 is set to launch in Q1 2025, with elastic scaling currently being tested as the final step before release.

🚨🚨 Taiwan 🇹🇼 to implement crypto AML rules on Nov. 30.

Crypto service providers must register for AML compliance or face penalties of up to two years in prison and a NT$5 million fine.

$870 billion asset manager Macquarie says Bitcoin mining supports local grids.

Nov. 29 Options Settlement Data
98,000 BTC options expired with a Put Call Ratio of 0.84, a maximum pain point of $80,000 and a notional value of $9.48 billion.
412,000 ETH options expired with a Put Call Ratio of 0.75, a maximum pain of $2,900 and a notional value of $1.47 billion.

🚨🚨🚨 Gary Gensler To Leave #SEC On Jan 20.

💰 MicroStrategy's #Bitcoin holdings are now worth over $15 BILLION in profit

💰 MicroStrategy $MSTR has already done over $26 BILLION in trading volume today
🔥 US 🇺🇸 Senator Cynthia Lummis advocates for US government to sell all gold holdings and invest in #Bitcoin💰
🔥 #Bitcoin💰 flips Taiwan 🇹🇼 Dollar to rank 12th largest currency in the world.
🔥 A Shanghai 🇨🇳court has ruled that #cryptocurrency ownership is legal under Chinese law, recognizing it as property with legal protections.
🇺🇸 Total US stock market capitalization has hit $60 TRILLION for the first time in history.
Over the last 4 years, the value of the US market has DOUBLED.
🔥 Mike Novogratz predicts #Bitcoin will match gold's $16T market cap in 5-10 years, driving its price to $800K+.
💰 BlackRock says #Bitcoin is a "global monetary alternative." 🤯
Bitcoin miner Marathon Digital raises $1,000,000,000 to purchase more $BTC.
Spot Bitcoin ETFs surpass $100 billion in assets.
📌 The SEC has greenlit options trading on multiple Bitcoin ETFs, including BlackRock's $iShares Bitcoin Trust (IBIT.US)$
📌 Why this matters:
1️⃣ Adds flexibility for institutional and retail investors.
2️⃣ New tools for hedging Bitcoin price risks.
3️⃣ Enhances market transparency with strict oversight.
📌 What’s next?
Broader adoption of crypto investment products in traditional finance

🇺🇸 President-elect Trump's media company files trademark for "TruthFi," a cryptocurrency payment platform.

$7.13 trillion asset manager Charles Schwab's incoming CEO says "I have not bought crypto, and now I feel silly."

21Shares and VanEck file for Solana $SOL ETFs with CBOE.

MicroStrategy raises $3,000,000,000 to purchase more Bitcoin.

🇺🇸 President-elect Donald Trump's crypto advisory council expected to set up strategic Bitcoin reserve.

🇺🇸 Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund

Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic #Bitcoin legislation at some point in the future.

⚡Charles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’

Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do.

🔥 $SOL's monthly DEX volume hits $100 billion for the first time ever.

🔥 $ETH futures open interest surges to a new all-time high, exceeding $20 billion.

⚡️“Chill Guy” Creator Threatens Legal Action Against Meme Tokens

PhillipBankss, the artist behind the viral meme, has registered copyright and plans to remove unauthorized commercial use.

One token inspired by the meme has reached a $400M market cap.

🇺🇸 ETF FLOWS: Around 10,660 $BTC were bought and 2,930 $ETH were sold on Nov. 21

BTC ETFs saw $1 billion in net inflows.

ETH ETFs saw $9 million in net outflows.

📊 SEC lawsuits will "quietly go away" after Gensler steps down: Pantera

The defendants will likely have to pay something along with "neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia.

🔥 Bitcoin overtakes the Taiwan Dollar, making it the 12th largest currency in the world.

⚡️ "BITSANITY" — Records broken with $70B in volume for Bitcoin stocks, ETFs

MicroStrategy saw more trading volume than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.

🔥 So far this month, the Tether Treasury has minted over 12 billion $USDT.

🔥$SOL's monthly DEX volume hits $100 billion for the first time ever.

🇺🇸 Senator Cynthia Lummis suggests that the U.S. government could create a Strategic Bitcoin Reserve without printing new money by revaluing its gold certificates at fair market value and exchanging them for Bitcoin

CoinPoker's hot wallet was hacked resulting in a loss of nearly 2,000 ETH, worth around $2 million.

📊 Crypto Fear and Greed Index

🧭 Index Value : 94
😱 Sentiment : Extreme Greed

Money-Market Fund Tokens from BlackRock and Franklin Templeton near approval as derivatives collateral. - Bloomberg

Bitwise CEO says "Solana is an incredible emerging asset and story."

$Bitcoin $Shiba Inu $DogeCoin $Ethereum $MARA Holdings Inc $Riot Platforms Ord Shs $Coinbase Global, Inc. $Tesla Inc $SPDR® S&P 500® ETF Trust $Invesco QQQ Trust
.
Even tho I feel bitcoin has huge potential to hit 150k or even 200k in the long run, I'll probably get way more returns on altcoins (x5 or even x10 my earnings)
$XRP (XRP.CC)$ $Cardano (ADA.CC)$ $Solana (SOL.CC)$
- @cryptonerd
.
I remember a long long time ago when the Dow first crossed 10,000 it was a huge thing. I remember a long long time ago when the first four letter ticker symbol was used in the Dow.... that was a big deal.. then the first NASDAQ company to trade in the Dow... that was a big deal.. 100,000 will long be remembered by Bitcoin owners it's going to go to 200 and then 500 and then a million
- @10baggerbamm

• Money is a Wicked 😈 Master, but a Faithful 🙏🏽 Servant…

Master 🤴🏽 Money 💰 don’t let it master you ⛓

• Mindset produces Assets:

Enjoy the journey smile 😃 laugh 😂 this is as much about us Becoming Better as it is about Asset Accumulation.

Gotta enjoy yourself otherwise the market is more stressful than a job 🤣

• Markets go up and down

Either way we’re good

• Long term investors benefit from ups and downs

Downs: everything is on sale - buy the dip but only on solid assets

Ups: assets appreciate aka rally

• Make sure you have your portfolio diversified you’re not just ALL IN on any one stock

ETFs
Stocks & Crypto
Real Estate 🏡
Real Estate for Cash /
Rental Properties
Businesses
Side Hustles
Physical Gold and Silver
Art 🖼 • Consider individual stocks that are doing well ANNUALLY and have been for 5-10-20+ years if you’re investing If an asset isn’t earning at least what the S&P 500 📈 earns on average - why keep it?

* Do what’s best for you at the end of the day.

When we understand the cycles we can enjoy the journey more

We can buy the dips and unplug (or do nothing) when there’s downtrends, dark pool market manipulations, sell offs etc

We can also enjoy the upswings without getting caught up in FOMO and succumbing to the pressure of buying stuff at All Time Highs

#CoachDonnie

Seek Wisdom Find Wealth 👀 • Talk is Cheap: Then why Communication run the Nation and it’s one of the highest paid profession of all time?

Imagination/Investing/Innovation is highest level Communication is next Unification aka Leadership & Management is next

Implementation aka Worker Bee 🐝 is lowest and last

• Time is Money: Then why is it when people on their death bed they want more TIME. Time is more valuable than money 💰 you can always make more money, you can’t get a second of time back

Side note: GOD can give us His Children back the years the locusts and canker worm 🪱 stole • Want something done right do it yourself:

Lie. Wanna go fast? Go alone. Wanna go Far? Go together. Teamwork makes the Dream work. You can Outsource and Optimize. Focus on your strengths, outsource and delegate the rest! You can leverage People Systems and or Money to do what you suck at or don’t have time to or don’t wanna do. Leverage 1 or all 3 of those in order to Buy Back your time. Freedom > stuff. • Moral of the Story of The Turtle 🐢 and the Jackrabbit 🐇 was:

Slow and steady wins the race… nah that’s a lie. Consistency does… STEADY wins the race. Be Faithful over Few and He Will make you Ruler over Many…

• Chase the Bag: NO, Become the Bag. Faith, Consistent Action with the Proper Mindset increases your Assets. Income follows and chases Assets.

We ARE the Bag, Money chases us 🤷🏽‍♂️ • You Live and You Learn: OR you don’t and you die… why’s there so many educated fools and old immature people?

#GODfidence
#CoachDonnie
#ChessNotCheckers
#SeekWisdomFindWealth