Today’s Nuggets
Saylor on Banks
ETFs Near Record Flows
Saifedean Eyes $5.2M BTC
Institutional Investors are Driving the Rally
The Swiss Want In
Serbia’s Prince Filip: Omega Candle Incoming
The Most Important Man in Finance
Transportation Regulation Changes
TSLA Cyberbulls Even Talking BTC & TSLA
Norway’s SWF Loses $40BN
Everything is on fire:
CEP is up 33%;
HODL is up 26%;
Tesla is up 10%; and
Bitcoin is up a big truckload to $95,600, approaching a $1.9 trillion market cap.
It was a good day! Let us get into the Friday Fire story. This is where I talk about the crazy things happening this week that you may have missed.
Let us begin with a look at the Crypto Fear & Greed Index.
It is back up to 60. We were down at about 10 a couple of weeks back, and this has been a big rebound. We have not gone into real heavy greed or extreme greed yet. Therefore, there is still a way to go.
You would not believe that if you looked at the actual stocks right now, as everything is on fire and ripping higher.
Let us set the stage for some of the big macro stuff, as I will talk a little bit about the macro at the front, in the middle, and towards the end, because it impacts our bags.
The banks can now unleash the beast, and Saylor is extremely excited. This is one of the key things he believes is required for Bitcoin to hit a million dollars.
U.S. banking regulators announced on Thursday that they are pulling back several documents that urge banks to show caution and not to dabble in cryptocurrency and crypto-related activities.
We are seeing crazy stuff happening with players like Visa and MasterCard. They are moving to the blockchain quickly because they know that to survive, they must embrace it or perish.
Do not be afraid of change. Embrace it, or else suffer the consequences. Banks are now free to support Bitcoin, which is cool.
I did state that there was an 80 to 90% chance that Bitcoin would explode by May 1st of this year.
We are five days away, and it is already exploding ahead of time. Therefore, my timeline was off as we are running early. I hope you can forgive me.
It is kicking in sooner than anticipated, and Bitcoin has already surged 25% in the past 17 days.
This means that the market makers may
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