Difficult to trust the guy and his opinions, especially considering the absolute he has been making of Twitter.
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Don’t trust. Verify.
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I think he's right, the fiat price of Bitcoin is still tied to events in fiat clown world.
Change of house control will bring the debt ceiling into narrative, posturing about fiscal responsibility will be short term bearish. Since the fiat world is a scam, reality will set in sometime in the new session, where interest on the debt is greater than tax revenues.
Moon in the spring when it's finally sunk in that there's nothing that can be done to save the dollar.
The GBTC lawsuit is another wildcard out there, after the FTX debacle the regulators are now absolutely exposed. The GBTC ETF is likely going to be approved in the weeks surrounding the dollar capitulation.
We're in the darkness before the light, hodl on tight.
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I’ll be keeping a close lookout on the GBTC debacle as well. Feel as if it is inevitable the regulators have been playing cat and mouse they know what happens if it does.
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In the Twitter space he also said this in (Yes, the Mario Lawful one). He said that Bitcoin, Ethereal and DOGE will all "make it" and literally laughed at all the other crypto tokens that others asked him about.
I have not heard Elon speak in this way about Bitcoin in some time. I was shocked. I'm not going to say I trust him, I know DOGE will be the one he rallies behind, but someone seems to be talking some sense into him about the reality of things.
I can see him rolling out BTC and DOGE at twitter... ETH I have no clue what he thinks could be the use. He avoided answering any direct questions about anything other than BTC or DOGE. I feel like he just lumped it in via process of association (specifically he comment came when FTT and SOL where were being discussed).
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