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

#Bitcoin realized profits at record highs.

Yesterday alone, the total net realized profit of all coins moved on-chain was $5.5 billion.

Note that these represent BTC on-chain movements (comparing price at UTXO creation/spent times), not trades. — link

Bitcoin's "doubling time" (days it takes BTC to double from previous threshold) is at all-time lows.

Comparable periods:

+ April 2013
+ November 2013
+ December 2017

Each of these periods were followed by significant selloffs. — link

South Korea’s government will start taxing cryptocurrency gains: 20% tax on profits > $45,600 and 25% on profits > $273,000. More taxation will only make pros move to friendlier jurisdictions. It's always the same story. — link

#Bitcoin hit a new #AllTimeHigh of $41,970 an hour ago! Higher highs continue rolling in, and the most notable predictor has been the explosion of new 1,000+ $BTC whale accounts. There are 153 new addresses of at least this size compared to 2 weeks ago. — link