Hello!
There are some good news that somehow are under the radar of almost everybody outside this space. This week:
Strategy, the Bitcoin company bought 22k more Bitcoin and nos hodls more than 500,000 Bitcoin. Holy shit!
Meanwhile Tether, the conpany behind USDT and other stablecoins bought more than 8,000 Bitcoin.
Another pulblic company, Gamestop (GME) has more than 1.4 Billion ready to start buying Bitcoin as soon as possible.
Metaplanet (the japanese Bitcoin company) also bought Bitcoin.
Did you know that all of this happened this week? I know, I know, the altcoins are bleeding. But if you zoom out and take a look without all the noise you will be able to see that a lot of public companies from all over the world are buying. And the most important part is that thet will keep buying for a long time.
In my opinion this buyin pressure creates a floor, if we can keep the ETFs demand stable and this companies keep buying, it will be very easy to go to higher price levels.
I forgot to attach the photo from the Tether purchase:
Do you think that's all for this week? Nope. The Trump sons, I forgot the names... At leat two of them created a conpany with some minimg experts from the US with the goal to start mining Bitcoin in the US. Holy shit! The sons of the president of the United States are creating a company that will mine Bitcoin in the US and you are bearish anon?
All of the stated above it's happening behind the scenes, in fact, it all happened THIS FUCKING WEEK! Maybe I'm biased but I don't think the president of the United States and his sons will be losing money on this bet. It's veey difficult for me to think that you have the most powerful position in the world (president of the United States) and you are not able to win money with Bitcoin? Nah, they will win, and will win big.
Stay safe out there and be patient!
