Episode notes
✔️ Hopium:
The idea that early Bitcoin OGs have given up on BTC now that institutions are involved is completely unfounded.
Bitcoin sell-off meets criteria of textbook capitulation event
Reasonable chance we saw the bottom last week
Power Law Bottom.
Cramer Is Bearish On Bitcoin
✔️ Eternal Paper Bitcoin
Goldman Sachs’ Bitcoin holdings
✔️ The State
Michigan Governor hopeful backs bitcoin
Clarity Act update
✔️ Cool Stuff
Cashapp updates
✔️ Sources:
► https://x.com/_checkonchain/status/2021059678483120457?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinmagazine/status/2021192783432708099?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitmasterk/status/2021312640375554382?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/rhinobitcoin/status/2020860650101092681?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinnewscom/status/2021246170882863261?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bitcoinmagazine/status/2021325337720721450?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://www.thestreet.com/crypto/markets/goldman-sachs-bitcoin-holdings-reveal-45-unrealized-loss
► https://x.com/tomleonard28/status/2021259006799409329?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/bmnrbullz/status/2021339748749766660?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► https://x.com/cashapp/status/2021021652289483073?s=52&t=CKH2brGypO5fEYTgQ-EFhQ
► DONATE TO HELP KEONNE AND BILL https://www.change.org/p/stand-up-for-freedom-pardon-the-innocent-coders-jailed-for-building-privacy-tools
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