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RECAP: BITCOIN'S BRUTAL BLIP
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RECAP: BITCOIN'S BRUTAL BLIP

🚨 Bitcoin Daily: How One Dude Tanks πŸ’£ Markets? πŸ“‰

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InvestAnswers
Dec 22, 2024
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Today’s Nuggets

  • Brutal Week in Crypto

  • Long-term Holders Selling, New Buyers Buying

  • BTC ETF In-Kind Incoming

  • First Country to Print Fiat to Buy Bitcoin Wins

  • MSTR Nav Premium Lows

  • Metaplanet Buying More

  • Senator Lummis Proposes Federal Reserve Buy

  • Is the Halving Cycle a Thing of the Past?

  • Bhutan Expands BTC Mining

  • Why SOL Will Flip ETH, Base Became the #2 Chain

  • SOL DePIN Revenue Exploding

  • The Bots are Here

  • Walmart Recession Indicator Firing


This edition of Friday Fire is called Bitcoin's Brutal Blip as we seek to get a perspective of where we are, where we have come from, and where we are going.

We will look at what is happening, who is selling, who is buying, and what chains are completely changing the game.


Despite the market undulations and drawdown, the Fear and Greed Index is still in the greedy zone at 74%.

Bitcoin went from $108,000 to $93,000, a 14% retracement in a very short window that surprised most people.


The Fear and Greed Index in the stock market tells a very different story from that of the crypto market.

It is now at extreme fear levels, so stockholders are

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