#Bitcoin Review $GBTC #BTC - Troubling Trend
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Bitcoin Review |
Trading noise, the random movement of price over the short term, does not control trends, cycles, and profits. The majority, an emotionally driven group focused solely on price, often interprets it as meaningful information. This leads to confusion, frustration, missed opportunities, and leaves the majority as the bag holders of trend transitions. The Evolution of the Trade helps investors stand separate from the majority.
Bitcoin’s overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
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Troubling Trend
Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy), remains highly bullish on Bitcoin. He has predicted that Bitcoin could reach a staggering $13 million per coin within the next 20 years. Saylor emphasizes Bitcoin’s unique qualities as a scarce, digital commodity with a fixed supply of 21 million coins, making it an ultimate store of value.
Under his leadership, Strategy has been aggressively acquiring Bitcoin, recently raising over $700 million to expand its holdings. The company now owns nearly 500,000 Bitcoins, showcasing its commitment to the cryptocurrency as a long-term investment.
Saylor believes that Bitcoin’s decentralized nature and immunity to human corruption make it unparalleled among assets. He has also highlighted its potential to become a significant part of global wealth.
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JUST IN: Michael Saylor says #Bitcoin is going to $13 MILLIONpic.twitter.com/UTKfVhW8rR
— wallstreetbets (@wallstreetbets) September 9, 2024
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The Matrix provides market-driven trend, cycles, and intermarket analysis.
Source: http://www.edegrootinsights.com/2025/03/bitcoin-review-gbtc-btc-troubling-trend.html