CEO of Grayscale Bitcoin Trust says the world’s largest manager of digital assets is seeing increased interest from pension funds and endowments — link

If central banks truly lose control, 2020s will be the golden age of global macro. The obvious trades will all play out and in bigger size and moves than even their most ardent promulgators expect. — link

At $195,000 per #Bitcoin , Satoshi Nakamoto becomes the richest person in the world.

Pullbacks during previous bull runs:

$490 -> $289 (-41%)
$780 -> $468 (-40%)
$1,115 -> $750 (-32%)
$1,350 -> $900 (-33%)
$3,000 -> $1,800 (-40%)
$4,950 -> $3,000 (-39%)
$7,800 -> $5,500 (-29%)

We will see pullbacks soon but they are necessary if you want a $100,000 #Bitcoin 

A 20% - 30% dip would be both healthy and a great buying opportunity right now for #Bitcoin.

Progress of #Bitcoin flipping gold's value:

▓░░░░░░░░░░░░░░ 6%

Bitcoin has flipped Facebook.

#bitcoin is 22 ounces of gold .. and rising

#Bitcoin Performance since the Halving
Jan. 07, 2021

Since the halving
BTC +364%
SP500 +30%
Gold +12.6%

— link

#Bitcoin Dormancy Flow has reached the bull/bear threshold. — link

Options used to be close to irrelevant for bitcoin's price.

Until now.

At current price levels, hedging large option notionals has a major impact on price.

Here's a quick thread on options 👉 — read

Red = coins moving to Rick Astley, the ultimate HODLer.

Never gonna give you up
Never gonna let you down
Never gonna run around and desert you — link

What a remarkable week for #Bitcoin

- Up 106% since breaking the $20,000 barrier on Dec.16
- Record volume on Perpetual Swaps - $136.9b
- Record daily active addresses - 1.35m
- Record number of holders - 33.56m addresses with a balance in $BTC
- 100% holders profitability

— link

Looking at the latest Coinbase outflow, possibly OTC deals, I think we can estimate their PNL.

$BTC surged 24% since Jan 2.

If you were institutional investors, would you be satisfied with 24% PNL for Bitcoin?

— link

I've received many questions lately, but by far the most common question is “What's the best way to secure #Bittcoin?”

So here’s a thread with my opinion on securing #Bitcoin 👉 — thread

Latest whale bubble info.

Support at $39,719, invalidation below $38,700.

Gap in supports between $39,719 and $32,180 so consolidating in the bear zone could bring us down to $32k. — link