The typical Bitcoin sell-off occurred at all-time highs. Bears managed a 10% correction. See you at 150k in Q4

IV at a 2 year-low, same as August 2023. Spike follows Short squeeze better term than supply shock

The laffer curve has well and truly been broken. First manufacturing contraction, services to follow with the inevitable unemployment rise. The UK is not the US, very few entities will purchase Sterling or UK debt.

UK S&P Global Construction PMI Jul: 44.3 (est 48.8 prev 48.8)

Very few assets maybe only Bitcoin could handle this generational rotation of OG coins to new holders. The rotation is paramount to furthering bitcoins adoption and passing the torch on. Liquidity is deep.

Forza! Bitcoin treasury update @CoinsiliumGroup #Forza #Bitcoin 🇬🇧 $COIN.AQ 🇺🇸 $CINGF

Most people follow the herd and don’t critically think. This trend will only accelerate with AI.

CME gaps work to the downside as well as the upside

The first reaction to 99% of news is fear.

Just some of my thoughts as the week closes. Not sure if this is a coincidence but the last time the CME gap was closed was also the first day of last month (July). Price ran up straight after. CME gap is now closed. My limit order has now been filled just under $114k. Getting quite bullish again after being bearish for a few weeks (@JoeCarlasare). August is most likely chop. MSTR earnings was the top signal for a flush, on top of Nuclear threat FUD. Gold is starting to run which is never positive for bitcoin in the short-term. BTCTCS seem to have bottomed out and now consolidating from a higher low base. Weekend trading is not relevant.