RECAP: BEAST MODE ₿ULL

🚀 Bitcoin’s Wilding @ $123K — Records, Leverage Frenzy, Cuts & $20M PT! 🔥📈

Today’s Nuggets

• BTC Makes Highest Daily Close Ever

• Bitcoin Bear Markets and Progress Today

• Funds & Treasuries own 2.5M BTC

• Buckle In, Leverage Explosion

• Bessent Urges 50 bps

• You Cannot Measure System from the System

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It is Wednesday, and Bitcoin is $122,800.

Let us get into the story, as this has some interesting forecasts with data that you will not find anywhere else on the Internet!

We are now nearly on the cusp of a new all-time high. Bitcoin looks like it is ready to rage. We had the highest dated close ever. Today, we will look at some cycles, the impact of rate cuts, and a crazy price forecast taking us to $20 million.

This bull is unleashed!

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August is up over 8% so far, which is not bad.

This is especially true when we look at the averages. Remember, in bull market years like 2013, 2017, and 2021, August is typically a good month. We are still a bit behind 2021, but at this rate, it looks like we will beat 2021 if things continue.

Why am I so bullish? Data.

All we do here is data and nothing else.

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We had the highest daily close ever in the history of Bitcoin, which was slightly above $120K.

We have had a higher price on a spike, but not a daily close. Many people place a lot of weight on things like