Jamesvanst

AI is the greatest deflationary force, it will drive compression across wages, housing and equity valuations.
Nvidia will likely beat earnings and its share price will continue to rise, while its P/E multiple compresses as earnings grow even faster.
Nvidia is expected to grow earnings by roughly 89% this year, yet trades at around 19x forward earnings, broadly in line with the S&P 500.

I have received 0 text messages about the recent bitcoin price jump, means it can go higher.

Once the 50WMA gets taken out at $81k, bitcoin gaps to $90k.

The U.S treasury can hide all the inflation in bitcoin.

Price any hard asset in Japanese yen and that is the end game

This cycle, $MSTR's lowest bitcoin sale ($59,256) came within $1,456 of the cycle low.
In 2022, its average sale price ($16,776) was just $1,316 above the cycle low.
That's enough confirmation for a bottom.

The disbelief in the continuation of a Bitcoin rally on this platform is making me bullish.

Containing bond yields = commodity inflation

The lowest bitcoin market cap went to this cycle is $1.15T
A $1T asset is the floor.

Even the vol was low, this doesn’t feel like just a short covering liquidation.
Feels like an entity is buying in size here

I can’t tell you how bullish it is that Bitcoin only had a 50% drawdown this cycle, because next cycle it’s only 40%.
The compressed vol thesis as Bitcoin becomes an institutional asset finally came true.
One of very few assets to have survived multiple 80%+ drawdowns. It’s why you have it in your portfolio.

Notice how gold has now dropped below its 200 DMA, while bitcoin is now above it.

STH Cost Basis 🟢
128DMA 🟢
200DMA 🟢
TMM: $75.7K 🔴

As soon as Gold closed, Bitcoin ran straight through to $69.5k

Bitcoin open interest is up only 5% today, and its down compared to yesterday.
While, btc funding rate is only 4%.
That does not scream to me leverage but a significant amount of spot buying and short covering.