Today’s Nuggets
Shorts REKT
Global M2 Hits another New ATH
Global Liquidity Per Bitcoin Hit A 12-Year High
Jerome Powell is Rumored to Resign
Tether: World’s Largest Bitcoin Miner
No Wonder Kiwis Love BTC
It is hump day, Wednesday, and we have just set a new all-time high in Bitcoin, which is quite exciting.
Everybody has said, "I should have sold in May and gone away." No. Now you know why I have been saying things are very bullish. The setup is extreme. Let us get into the story.
There is a lady called Elizabeth Warren who is having a tough time.
She is going pretty bonkers because the President of the United States now holds the majority of his wealth in Bitcoin. What a time to be alive. She spent the last six years trying to kill Bitcoin in the United States, and a day like today for her is extremely painful.
It makes me happy, as I dislike people who try to take freedom away from others. Bitcoin represents freedom, and it helps individuals achieve financial freedom, which is why I create videos every day.
Bitcoin is currently above $111,000, and the next liquidation level is $112,510.
We got super close to that price level. If you look carefully, you see the little orange bowl, which is what the market makers are gunning for, which is why it is exciting to watch.
Those people who were hoping for the Bitcoin price to go down - the sell in May, go away crew.
They got a bit of a teaser, as in one hour $287 million was lost. Only $7 million of that was long, and $280 million of it was people who were short. Recently, about $430 million. Again, a rough day for the shorts.
I have been saying that it would go to $112K because that is where the shorts live. If we go to $115K, then
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