Never Fight Against Technology
I wonder how many politicians actually understand the concept of banking. I’m highly convinced that most of them don’t—and the masses? Even more clueless. If they did, they’d be flooding the markets to buy Bitcoin and other cryptos, which are undeniably better designed than fiat money.
It’s painfully obvious that the world is not in its best state right now. Somehow, the banking cartel has managed to make us significantly poorer than we were just four years ago, while big corporations have hoarded absurd amounts of wealth.
Romania (my country) currently has the highest inflation in Europe, officially sitting at around 5%. Honestly, I think the real numbers are much higher than what they’re telling us. Yet, despite this, people still manage to fill the stores. And we haven’t even seen the holiday season FOMO kick in yet. It’s pure madness.
BTC is currently sitting at $94,000, and over the past few weeks, it’s rallied so hard that it’s left many in disbelief. Despite this, the RSI (Relative Strength Index) is at 75 points, while in the past bull market peaks, it hit 92, 94, and 96 respectively. This tells us there’s still plenty of upside left in this market.
You can tell the market isn’t boiling yet by the lingering skepticism and fear we’re seeing, even after such a strong rally. I guess the plebs are waiting for the Russia-Ukraine war to end or for BTC to break $100,000 before they decide to jump in.
The majority is always late to the party—it’s no wonder. People tend to wait for external sources to confirm what they should be excited or fearful about. Meanwhile, there are signs that Microsoft, along with Rumble, might be getting orange-pilled thanks to Michael Saylor.
Just imagine the supply shock we’ll witness once most of the big tech companies start adding BTC to their balance sheets.
Donald Trump’s social media group Trump Media is in talks to acquire crypto trading venue Bakkt (BKKT), a crypto platform owned by Intercontinental Exchange. According to sources familiar with the matter, the US president-elect’s Trump Media and Technology Group is close to an all-stakes purchase in Bakkt.
source
Trump was very anti-crypto a few years ago, but now he seems to have dramatically shifted his stance on Bitcoin and blockchain.
Gold stands as a $17 trillion asset class, and while Bitcoin has a long way to go to surpass it, just take a look at the top public companies in the S&P 500. Most of them are tech giants, and if they decide to allocate even a small percentage of their holdings to Bitcoin, the prospect of $500,000 BTC suddenly doesn’t feel so far-fetched.
It’s fascinating to see BTC far closer to $100,000 than it is to zero. I believe that $100K is a massive psychological level—one that, once reached, will spark widespread FOMO. This time, though, we’re seeing real institutions jumping in—not just speculation like we had in 2021 and 2017.
Interesting times ahead...
Thanks for your attention,
Adrian