73 sats \ 2 replies \ @carlosfandango 22 Aug 2023 \ on: Proof of BlackRock: This BTC address just accumulated $3 billion in 2 months bitcoin
I don’t know the legality of them preloading an ETF but those are huge numbers that don’t seem to have spooked the market..
write
preview
32 sats \ 1 reply \ @birdeye21 OP 22 Aug 2023
Massive...the bull case is having another huge whale helping to set the floor
Would still love another good flush tho lol
reply
59 sats \ 0 replies \ @grayruby 22 Aug 2023
I think you will get it. I expect this fall into winter for the economy to start to tip over. Correlations go to 1. A pullback to 20k would be a huge gift especially if the etf gets approved early next year and then people start pricing in the halving, the fed starts to ease, all at the same time.
I will be stacking sats regardless. I mean if you believe in the long term thesis 20k, 30k, 100k are all still cheap but of course I would rather buy at 20k than 100k.
reply