🚀 Bitcoin Eyeing $233K by Q1 2025? RSI Says Yes! 🤑
According to Bitcoindata21, BTC is warming up for a rocket ride to $233,000 (or more) by early 2025.
They’re using the RSI (Relative Strength Index) to back their claim—historically, when RSI peaks, Bitcoin blows the roof off. 🏠💥
Current RSI levels hint that Bitcoin has plenty of room to grow, with traders pointing out that previous bull runs went from $10K to $67K in just 7 months.
Now, with trillions in traditional finance lurking, waiting to FOMO, the next leg up could be legendary. 💸📈
"If you think this time is different... well, good luck with that," quips Bitcoindata21.
Hold on tight—if history repeats, the ride will be epic! 🏎
🔍 Where Are All the Bitcoins?🧐
Bitwise analysts did some inventory and found that 56.8% of Bitcoin is chilling in personal wallets, waiting for its moment of glory. 💼💎
17.6% are inactive, probably lost in the crypto abyss, 5.2% are tightly controlled by funds, 4.8% are the legendary stash of Satoshi Nakamoto (probably under his mattress 🛌), 3.3% belong to businesses, and 2.4% are held by governments, who apparently decided to hedge their bets on the future. 👨💼💼
And the remaining 6.2% of Bitcoin hasn’t even been mined yet! So, if you don’t have any BTC, don’t worry—there’s still some left in the queue! 😅
🚀 MicroStrategy's Big Bet: Becoming the World's Leading Bitcoin Bank! 🏦
Michael Saylor is back at it, with his sights set on turning MicroStrategy into the ultimate bitcoin bank.
🎯 With 252,220 BTC (worth over $15B) already in the vault, the company now holds 1.2% of all bitcoin! 💰
Saylor’s strategy? Keep stacking BTC, leveraging debt, equity, and convertible assets, all while "lending to bitcoin" for huge returns, without traditional lending risks. 📊
Saylor's endgame? A $300-400 billion company riding the wave of bitcoin's growth — he believes BTC will eventually hit millions per coin! 🌕 His plan?
Keep raising capital, keep buying BTC, and sit back as bitcoin becomes the cornerstone of global finance. 📈
It’s simple: either you believe in bitcoin’s future... or you don’t! 😉
PS: You can read my other related crypto post below
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