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crossing up through its 200 day moving average. historically, this has been a good trigger to sell some put credit spreads.
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Circular Economies: Living on Bitcoin #Bitcoin only. In El Salvador and across parts of Africa, Bitcoin has evolved from a speculative asset to a daily currency. Entire communities are now operating in Bitcoin, where everything from shopping to paying rent is done with #BTC . - El Salvador 🇸🇻: Since the Bitcoin Law was enacted, approximately 35% of businesses now accept Bitcoin, a significant increase from previous adoption rates, showcasing the country's commitment to a Bitcoin-based economy. - Nigeria 🇳🇬: The surge in peer-to-peer Bitcoin trades reflects a growing informal economy powered by BTC. Here, Bitcoin serves as both a hedge against the weakening naira and a tool for everyday transactions. Did you know? Bitcoin Beach: Originated in El Zonte, this project has become a model for global Bitcoin circular economies, with over 150 local businesses now participating. It's a real location that showcases how communities work and thrive on Bitcoin economy alone. #BitcoinEconomy #DigitalGold #CryptoAdoption
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The Last Bitcoin Miner: What Comes After 2140? Can you be there to see it? 👀 In 2140, the final Bitcoin will be mined, and the rules of the game will change forever. Here’s what the future of Bitcoin will look like: 1. Fees take over: Miners will rely entirely on transaction fees, turning confirmations into a fast-paced bidding war. 2. True scarcity: With no more Bitcoin created, demand for the limited supply could skyrocket. 3. End of inflation: A deflationary system replaces the endless printing of money, rewriting the rules of economics. 4. Unstoppable network: Bitcoin’s strength will come from its users, not block rewards—like the internet, it’s here to stay. 5. Green revolution: Mining will evolve, shifting toward energy-efficient, sustainable solutions. Little matters, none of us will be here to witness it, unless we make consciousness upload a reality. #Bitcoin #BTC #DigitalGold #FutureOfMoney
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A few hundred million so far in options volume on $IBIT (a ton for Day One).. here's a rank of the contracts by volume, it's almost all calls. Seems very bullish, esp the Dec20th C100, which is basically betting price of btc will double in the next month.
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It’s Bitcoin Holiday Season? #Bitcoin trading volume tends to spike by an estimated 15% during the week leading up to major holidays. Whether it’s Christmas, Hanukkah, New Year’s Eve, or Chinese New Year, holidays seem to spark increased activity. Why? 1. Extra Time: People have more time to trade or invest during the holiday season. 2. Holiday Bonuses: Extra cash might flow into Bitcoin as a speculative investment. 3. Digital Gifting: Bitcoin is becoming a modern gift for the tech-savvy. 4. Market Optimism: Similar to the “Santa Claus rally” in traditional finance, year-end optimism might drive buying pressure, plus everyone is ready to cheer for that $100k mark. #BTC #HolidayTrading #DigitalGifts
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90K - bull market failure 120K - a valiant but lame effort 130/140K - reasonable cup and handle target 180/220K - the cycle pattern lives on! 350K - exceeds expectations 420K - peak moonboy target 2025 #Bitcoin 🕷️
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