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TAILWINDS:

  • we have the SEC narrative
  • we have the hardest liquid supply ever
  • we have continued adoption nearing 50m wallets
  • the FIAT world is a mess
  • global liquidity is on the rise

Not sure what could derail BTC other than a nasty black swan.  Even if the SEC derailed the Spot ETF (which they will not) I dont think it would change a thing. 

h/t to Sanjay for the image... 

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Anonymous

Great assessment; not too many obstacles stand in the way but those that Rule do not go quietly …

Anonymous

Covid, war, sbf/ftx/celsius/bnb/etc, economic downturn. They have good play writers, what else can they invent???