He examines the pages of bygone cycles and sees that after a dip toward our harsh 2024 peaks, around the imposing $72,000 threshold, Bitcoin could suddenly leap upward. It’s as if we’re waiting for a winter that refuses to end—only to be startled by a springtime avalanche shaking the trees.
When the market gets shaky, these short-term holders (STHs) are the first to jump ship. It’s like they’re playing musical chairs, and the music just stopped. 🎶
In my humble estate at the trading desk, I observed with great melancholy how this noble creature descended from its lofty perch of $1,800, falling with the grace of a wounded bird through the cruel air of market sentiment. Indeed, one might say it tumbled like a serf after too much vodka at the village festival. 🍾
In what I can only describe as a triumph of optimism over experience, 93.1% of voting creditors, clutching 94.6% of the value, have given the plan a resounding “yes.” From March 19 until March 28, these brave souls cast their votes on the Kroll Issuer Services platform. One shudders to think of the suspense! 😱
He reckons that for the sprightly investors in their 20s and 30s—those who have more time than cash—Bitcoin’s wild swings are like a box of chocolates. 🍫 You never know what you’re gonna get, but it’s bound to be exciting! Saylor insists that if you’re willing to spend hundreds of hours learning the ropes, Bitcoin’s volatility could be your best friend. Or your worst enemy. But hey, no risk, no reward, right? 😏
The CoinDesk 20, bless its heart, is currently floundering at a mere 2173.26, taking a nosedive of 13.5% (-338.56) since the sun set on Friday evening. Talk about a faceplant, folks!