Bitcoin: More Bullish News
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In this video clip, I talk about extra bullish Bitcoin news, consisting of the news that the Harvard, Yale, as well as Brown endowments have been acquiring Bitcoin.
Biden’s consultations to the SEC, OCC, as well as CFTC are all crypto-friendly, which need to aid increase the approval of the very first Bitcoin ETF sometime in the next 12 months.
Not financial investment recommendations! Get in touch with a monetary advisor.
Harvard, Yale, Brown endowments buying Bitcoin:
https://www.coindesk.com/harvard-yale-brown-endowments-have-been-buying-bitcoin-for-at-least-a-year-sources
Gensler’s MIT course on Bitcoin and crypto:
https://ocw.mit.edu/courses/sloan-school-of-management/15-s12-blockchain-and-money-fall-2018/video-lectures/
Marathon purchases $150 million BTC:
Marathon Patent Group bougt $150 million worth of #Bitcoin.
They bought the coins you panic sold of the "double spend" article.
Sorry, you'll have to rebuy higher now, hopefully you've learned a valuable lesson.https://t.co/IWjTQ0UNZj pic.twitter.com/S5sbAA9cOR— WhalePanda (@WhalePanda) January 25, 2021
Canadian power firm currently mining BTC:
Oh and by the way, the biggest upstream oil and gas producer in Canada is now mining #bitcoin. https://t.co/PHRIBQIrMl
— Steve Barbour, man of the coin (@SGBarbour) January 25, 2021
A lot more technology companies including Bitcoin to their annual report:
CATHIE WOOD:
“I think we’re going to hear about more companies putting this hedge (Bitcoin) on their balance sheet,” she said, “particularly tech companies who understand the technology and are comfortable with it”. @CoinDesk #Bitcoin #BTC pic.twitter.com/i1ybRdqAsH— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) January 25, 2021
Applicants for Bitcoin ETF:
https://www.coindesk.com/valkyrie-digital-assets-files-for-bitcoin-etf
https://www.sec.gov/Archives/edgar/data/1838028/000093041320002664/c100811_s1.htm
SOPR reset:
And we have a touch down! A full on-chain SOPR reset.
Coins moving between investors per hour (24h MA) no longer carry profit on average.
To push SOPR lower, investors would have to be willing to sell at a loss.
Data source: @glassnode pic.twitter.com/gew0IzMUsu
— Willy Woo (@woonomic) January 23, 2021
This is how HODLer SOPR looks for previous cycles. We are nowhere near those values now pic.twitter.com/cg9QypMmsl
— whalemap (@whale_map) January 25, 2021
Bitcoin headed to 85k to 100k quickly:
If history is any guidance and #bitcoin continues it's current trajectory, BTC could be $100K somewhere between April and September pic.twitter.com/z30OjEikTU
— PlanB (@100trillionUSD) January 24, 2021
Though only time will tell, the Stock-to-Flow model predicts that #bitcoin will reach a new ATH of more than $85K roughly one year after the May 2020 halving 📈 pic.twitter.com/NqMt4GMr1X
— Kraken Exchange (@krakenfx) January 25, 2021
Whale Panda on GME and BTC:
Wait until they find crypto and realize that markets don't get halted in crypto.https://t.co/fIY7UB3P9U
— WhalePanda (@WhalePanda) January 25, 2021
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#Bitcoin
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