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Bullish

Day 410 | The 410th installment amid a drop below $70,000 and $650 million in liquidations ⏳



Just 8 days apart, the market put on the most ironic human comedy for us:

Last week, when #BTC surged past $80,000, timelines were full of people yelling about having missed out and chasing the highs. The 400U I spent at 3 a.m. that day only got me 498,100 sats;

Today, Bitcoin fell below $70,000 and lost the 200-day bull-bear dividing line. Liquidations across the market totaled $656 million in 24 hours, and the group chat was as quiet as a graveyard, while my DCA machine scooped up its fattest stack in recent days at 03:00:22:

• Bought today: 400 USDC @ $71,697.2 ($2,736.8 cheaper than yesterday's sharp drop 📉)
• New BTC: +0.00557901 BTC (557,900 sats received, 59,800 sats more than I got for the same money when BTC was at $80,000 last week!)
• Total holdings: 1.7785 / 3.00 BTC (59.28% of target)
• Average cost: ~$76,017 (buying below cost basis for the 8th day in a row; one order pulled the overall average down by $14)

When BTC carried an $80,000 premium, you rushed to be the bagholder; when it was discounted to $71,600, you panicked and sold everything.

How many fellow travelers got to enjoy turning the same 400U into nearly 60,000 more sats today?
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