AS IF YOU NEEDED ANOTHER REASON TO ACCUMULATE CRYPTO RIGHT NOW...
‘Gamma squeeze possibility’
Jeff Park, head of alpha strategies and portfolio manager at asset management firm Bitwise, pointed out that Bitcoin options will likely generate strong institutional demand, setting the stage for a gamma squeeze.
A gamma squeeze occurs when stock prices rise rapidly because market makers buy more stock to cover their options positions, driven by high demand for call options.
Heads Up! At 2pm today, the Fed announces the first rate cut in four years. History shows the benchmark S&P averages gains of about 16% in the 12 months following the first Fed rate cut in a cycle, according to data from Canaccord Genuity.
Tether has a hundred employees, but its profit this year is $10 billion. All the interest that they're earning on all those treasuries. The profit at Tether is larger than BlackRock's profit. It's incredible.
MARK MY WORDS! Nothing Can Stop the Coming Bitcoin Train" - Matt Hougan
617 views · 6 hours ago
In this video, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, dives deep into the current state of the crypto market, offering his expert analysis on key factors driving its future. He discusses how uncertainty around Fed rate cuts and the upcoming U.S. election is impacting markets, and why the resolution of these uncertainties could pave the way for a bullish Q4. Matt also shares insights on the growing institutional interest in Bitcoin ETFs, debunking the notion that these funds are only retail-driven. He explains the massive potential for institutional adoption and the role ETFs play in bringing crypto to a broader audience. Hougan believes the crypto market is gearing up for another bull market, with key developments in global liquidity and regulatory clarity acting as catalysts.
New Golden Cross. (Changa's getting excited and greedy:)
Diagnosis: Bullish
https://www.youtube.com/live/VZ3ux30fxow?si=_OSwMNQ-WWS2Po-v
Not advice, but if you've been looking for entry point to btc miner WULF, the chart looks beautiful
(Speculators only. DYOR)
https://seekingalpha.com/symbol/WULF
Better link
https://youtube.com/shorts/Tme2RZYTwWA?si=QOlECY52dPigyWKf
AS IF YOU NEEDED ANOTHER REASON TO ACCUMULATE CRYPTO RIGHT NOW...
‘Gamma squeeze possibility’
Jeff Park, head of alpha strategies and portfolio manager at asset management firm Bitwise, pointed out that Bitcoin options will likely generate strong institutional demand, setting the stage for a gamma squeeze.
A gamma squeeze occurs when stock prices rise rapidly because market makers buy more stock to cover their options positions, driven by high demand for call options.
https://cryptoslate.com/blackrock-bitcoin-etf-options-sec-approval-confirmed-setting-up-hope-of-gamma-squeeze/
Please Listen.
This is the ONLY GAME. Everything else is noise. Here's the advice of a deep thinking billionaire for FREE.
https://youtu.be/a73efy49e94?si=_5WXredqCBkhUGvV
Warning. We are up nearly 400% in BITW and GBTC so far.
There will come a time by next summer where (apart from long term core holdings) THIS lesson will be either taken to heart or squandered.
Watch
https://youtube.com/shorts/xbU6mVkokZE?si=QSHIDAfQQ4rZBKHk
Congrats Bulls! Strap in!
The rest of the year is going to be spectacular, regardless who is anointed.
https://youtube.com/shorts/-F1taeYQy-Y?si=QAuQdOvk-tCpjI22
Heads Up! At 2pm today, the Fed announces the first rate cut in four years. History shows the benchmark S&P averages gains of about 16% in the 12 months following the first Fed rate cut in a cycle, according to data from Canaccord Genuity.
Stablecoins Fun Fact:
Tether has a hundred employees, but its profit this year is $10 billion. All the interest that they're earning on all those treasuries. The profit at Tether is larger than BlackRock's profit. It's incredible.
These Charts Show that this is a GREAT time to buy:
Big Players Make Massive Bitcoin Buys (More Incoming)
https://youtu.be/UMPB99TP3iE?si=65Bse7QBIRivQZen
MARK MY WORDS! Nothing Can Stop the Coming Bitcoin Train" - Matt Hougan
617 views · 6 hours ago
In this video, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, dives deep into the current state of the crypto market, offering his expert analysis on key factors driving its future. He discusses how uncertainty around Fed rate cuts and the upcoming U.S. election is impacting markets, and why the resolution of these uncertainties could pave the way for a bullish Q4. Matt also shares insights on the growing institutional interest in Bitcoin ETFs, debunking the notion that these funds are only retail-driven. He explains the massive potential for institutional adoption and the role ETFs play in bringing crypto to a broader audience. Hougan believes the crypto market is gearing up for another bull market, with key developments in global liquidity and regulatory clarity acting as catalysts.
https://youtu.be/-YOGOVkwP0Q?si=fluDoVgEHcZFcieb
Digital Gold (Bitcoin) is great, but Don't ignore gold mining stocks (not financial advice):
Gold senses what is coming: further debasement by the next administration,
whichever it is, and money printing by the Fed at a shocking pace.
The gold miners have yet to fully participate in gold’s rise. Unlike gold, gold mines are
capital assets, the values of which are dependent on future cash flows and capital inflows.
Gold mining stocks are in a similar place as steel mill stocks were in
2001, except that the underlying commodity has already started to run. The miners will
catch up.
More: https://www.myrmikan.com/pub/Myrmikan_Research_2024_09_10.pdf
Wake up! Are you seeing the macro trend here overlayed on the already very bullish bitcoin cycle?
Sovereign funds and Treasuries buying and holding bitcoin as national asset, like gold.
NOW remember what happens when unlimited fiat money flows into an asset of STRICTLY LIMITED SUPPLY like Bitcoin?
Watch
https://youtu.be/4_sQ9rNf8U8?si=g3FGHwr21xdrRFZZ