BTCUSDT20240422C63750
Bitcoin / Tether USD Apr 22 2024 63750.00 Call
crypto

**BSV is down -92% since Tom Lee and FundStrat shilled it to death** and wrote paper outlining why it is such a great investment that they believe will continue to outperform the market because it has utility as the enterprise data layer blockchain.
Tom Lee and Funstrat Analysis on March 2020 with BSV priced $309 (current value $25)
> I think there are some really unique features that make BSV something that we want to pay attention to. One is really the high throughput for large block sizes,” he said. "It really does seem to be a burgeoning community as well for something that’s really been in the marketplace for about a year.” - Tom Lee
https://youtu.be/xGmjRCXZxI0?t=984
> We think it's uniquely positioned you (BSV) in the market. We have to educate clients a lot on why this is a very differentiated value proposition for building an economy that allows for enterprise usage and building a data economy. We think it's a very important thing you are working on because folks misunderstand the application of the Metanet you are seeking to build. There is a problem with the internet that you are are addressing. The success of (Metanet) will be a key to making society as a whole better
https://youtu.be/xGmjRCXZxI0
> Since its Nov 2018 launch, BSV is up 288% while BTC is up 85% and BCH is up 22%, as of Feb 13th, 2020
**Metanet: Beyond digital money, towards an on-chain internet**
Genesis aims to position BSV blockchain as a universal server for hosting internet & application data
| Internet | Metanet | Application |
|:-----------|------------:|:------------:|
| Chrome | Maxthon| BSV powered internet and blockchian browser
| Gmail | Baemail| BSV powered peer-to-peer communication
| Yelp | True Review| BSV powered reviews
https://fundstrat.com/wp-content/uploads/2020/02/BitcoinSV-Genesis-Update-2.18.2020-Finalv2.pdf

#A crash???
If Ethereum gets to triple digits or BTC gets to 40K, then call me.

With BTC, everything is possible

Choppy markets can flip fast, so I watch structure and volume before taking a scalp. If BTC/ETH/SOL candles have overlapping wicks, flat MAs, and low volume, that’s my clue it’s still range-bound once momentum bars close beyond the range with size, it’s turning volatile. I trade U.S. stocks mainly, but crypto behaves the same: respect context, wait for clean confirmation, and size small. Prop firms (TradeThePool, FTMO, NinjaTrader) help me focus on execution instead of PDT limits while keeping risk tight.

I personally don’t think of forex or crypto as being in the same bin as my core stock portfolio. My long-term wealth is held in ETFs, while I have a small account on [AvaTrade](https://www.avatrade.com/), where I trade USD/JPY, and BTC. It's a fraction of my capital, but it helps scratch the trading itch without effecting my actual investments. To me, it feels much more like a speculation sandbox, than anything in my serious portfolio.

We’re far away this stage. With governments buying BTC, ETFs approved, BlackRock and pension funds in the game, we’re already at the first iPhone era of Bitcoin, what else do you want ?

People selling BTC to buy plane tickets back from
India

news coming out of DC tomorrow, will be good for BTC.

I look at the price action and in last 30 min I confirm that the market is choppy then I jump in and market starts to get volatile ( BTC/ETH/SOL) then I tried looking in for an hour but still sometimes I get in time and have a successful trade but sometimes the market starts to jump.... I don't know how to scalp in such situation because for me choppy market is more favourable, can you trader suggest what I should look for ?

Interesting. Will the spun-off medical device business continue the BTC treasury strategy and get purchased in a few more years? Rinse, repeat? 😂

If I would have put all my BTC in Rheinmetall stocks 3 years ago, I would have 10x. I guess stock people lough about us crypto nerds.

If i had 1 BTC for every time someone was posting about BTC taking off, I’d had so many BTCs that I didn’t even need it to take off.

BTC scarcity because of funds - true or myth?

BTC still up close to 20% YTD. Even if you remove the 10% drop in USD, still 10% and we are not in Oct yet (a historically strong month).
BTC-CAD up 16%. BTC-EUR up 6%.

I primarily hold the bulk of my wealth in stocks and ETFs for a long-term hold, but I’m wondering if
holding a small position in either FX or BTC should be considered as part of my diversification strategy.
Do you view it as a proper investment, or is that more of a speculative play on the side?

In my IRA retirement BTC ETFs, Im holding steady.
In my “cash” wallets, im DCAing down. Have a need to for the liquidity.
I think a consolidation period happens here for the next year.
I did some charting of price behavior relative to halving cycles beginning 2012 and adjusted prior cycles down with ratios to create an overlay of last 3 cycles plus this cycle.
So maybe im wrong AF, but Im risk off in my exposure that has shorter timelines.
So again - in my long, long exposure- I dont care if it goes down. But in my shorter term positions, Im selling to raise capital and ensure I have the cash I need for something I want to do. Cause my personal charts say expect consolidation.

Thought I'd share a little research exploration of a bull phantasy of mine during these dosomething.jpg times: **After making a local ATH (in USD), how long has it taken BTC - in 2024/25 - to make a new ATH?** And is there a somewhat meaningful average to be gathered?
I looked at 2024/25 as this is the current larger-scale bull market phase (point of reference being the date we broke the old ATH of 69k, Mar '24). Rough criteria:
* Daily high (intraday) is my price type used
* Next high must be >1-5% higher than the prior one (I played around with this) unless last ATH is >1 month ago
* \>=3 days between ATHs, unless price rises by >5%
* Pullback threshold: Between 2 ATHs there must be a drop of >3% before next ATH is valid (I had this on/off to play around)
I got to a sample of 5 with a somewhat balanced approach (3% exceedance, no pullback requirement) but I’m aware there can be endless discussions on these parameters and what dates should enter the sample. Nonetheless, I found roughly **50-100 days** (median-mean) to be a meaningful span between local tops in ‘24/’25 market conditions. This would put a next leg up into Nov/Dec.
This would align well with historic Q4 performance stats but history also tells me that there's reasons why we have an Uptober meme.
Disclaimer: Still sitting on a month old 112k avg. entry spot position.

Got it 👍 — the **8-K you linked** is Strive’s official disclosure of two major material events:
1. **Acquisition of Semler Scientific (SMLR)**
* Strive entered into a **definitive all-stock merger agreement** with Semler.
* Each Semler share will be exchanged for **21.05 Strive Class A shares**.
* The deal values Semler at about a **210% premium**, or roughly **$90.52 per share**.
* Semler’s profitable diagnostics business may later be monetized or spun into a preventative diagnostics platform.
* Eric Semler (Semler Scientific’s Executive Chairman) will join Strive’s board.
2. **Large Bitcoin Treasury Purchase**
* Strive bought **5,816 BTC** at an average price of **$116,047**, spending **$675M**.
* This brings Strive’s total holdings to **5,886 BTC**.
* Post-merger, the combined company would own **10,900+ BTC**.
* They plan to grow using a **preferred equity only** model (no debt maturities like other leveraged Bitcoin treasuries).
📌 **In short:**
The Form 8-K is to inform investors that **Strive is acquiring Semler Scientific in a stock-for-stock merger** and that **Strive has massively expanded its Bitcoin treasury**. These are considered “material events,” so disclosure to the SEC and investors was required.
Do you want me to break down what this means for **ASST (Strive stockholders)** versus **SMLR (Semler stockholders)** in terms of dilution and potential upside?

If you have coins that seem stable and have been ticking upwards for some time, better to hold them because what you're doing is clearly working.I've seen far too many people gamble away their BTC on exciting new tokens.
Just make sure what you have is secured, not on an exchange, split between a few wallets with bomb-proof seed backup.
I do take chances on the odd ICO, but I'm paying pennies and I'm paying with fiat currency as its less valuable.

I am firmly in the camp of "slow moon" and the big moves days are over.
My thinking is that BTC price action is like a spring going up and down. While BTC was young (and not worth much)... its spring force constant was pretty weak and you could really push the amplitude around easily... kind of like a slinky. I call this my ["Hooke's Law"](https://en.wikipedia.org/wiki/Hooke's_law) of Bitcoin price maturity.
There was always the risk that spring would shaken so hard in these early days that it would do that thing where spring gets all tangled and broken forever. When China banned Bitcoin the first time at the end of 2013 and we dropped 50% from 1200 to 600 in a few hours (and I panic sold and lost half my stack), I thought that could have done it. Fortunately we made it through that trying time... though I must confess, that was a rough day....Those are the days that holders are forged. Kids these days have no idea what true pain feels like :\^).
Now BTC price has matured bigly and the spring force constant has strengthened correspondingly. So, big moves are still possible, but it requires much more force and you are likely to get a rebound just as strong (more like a trampoline spring).
Eventually, in its final form, it will be so strong (suspension grade spring), that the only real trending movement will be growth based on the true rate of inflation (which is still likely to be significant based on how things look from the perspective of global debts and currency printing/devaluation).
So... to make a long story short... I think we are trampoline spring phase... it is still possible move the price with enough force, but the days of big moves are likely over and any action is likely to have a "near equal and opposite" reaction.
Just my 18 sats thoughts...