100k Bitcoin: Game Theory Unfolding
NEW CHART: Pullback indicator!
Dear Bitcoiners,
What an exciting week for Bitcoin! The game theory we’ve been discussing is unfolding before our eyes, and the cycle is progressing exactly as we’ve prepared for. Could there be a better setup than the current lineup of events?
This week, I’m thrilled to introduce a brand-new chart: the Short-Term Holder Pullback Indicator! History shows that 30% pullbacks are a common feature of bull markets, and with this new tool, you’ll be better prepared for what’s ahead. The chart is now live on the platform, exclusively available to all paid subscribers!
Announcement!
Next week is Thanksgiving, and I’ll be traveling in Mexico! I likely won’t have time for an update, but rest assured, this newsletter will set you up with all the tools you need to stay fully prepared! I’ll provide you with a set of recommended charts to track. Additionally, I’ll still be available to answer your questions in the Substack chat.
100K Bitcoin
Bitcoin is about to break $100k! Mainstream media has already been covering Bitcoin more enthusiastically due to Trump’s victory and the Strategic Bitcoin Reserve. However, the $100k psychological barrier is what will truly wake up retail.
The news events just kept coming this week:
MicroStrategy acquires its biggest purchase to date: 51,780 BTC and raises another $3 billion!
Michael Saylor to present Bitcoin's strategic value to the Microsoft board.
Mining firm MARA joins MicroStrategy with a private offering and buys ~5,771 BTC.
Bitcoin options trading goes live.
Pennsylvania introduces a bill for a Strategic Bitcoin Reserve.
Corporate Bitcoin race heating up: German insurance giant Allianz buys a large position in MicroStrategy (MSTR).
And the list goes on…
As I’ve mentioned before, there’s resistance at the $100k level. Many sell orders are placed slightly below this level, as it’s been a target since the previous cycle. Once Bitcoin breaks through $100k, we might see a significant spike as demand overwhelms the remaining sell orders. While ETFs and Saylor’s acquisitions have been driving substantial demand, we remain just below $100k as the final sell orders get absorbed.
Unlock access to the Pullback Indicator and gain full access to the platform with live indicators to stay fully prepared. Claim your 25% LIFETIME discount today!