Strate𝔾 Update - Week 14 | Q2 | 2024
"The parabolic move towards ~$220k before the halving remains intact and a favorable scenario."
Please note that while I can provide information and insights based on my knowledge, it's important to remember that I cannot offer specific financial advice. #nfa
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Strate𝔾 Channel update March: link
Key take aways
Long-term holders' approach is far more resilient to market fluctuations than that of short-term holders.
The parabolic move towards ~$220k before the halving remains intact and a favorable scenario.
Altcoins are about to pop
S&P 500 printed another fresh ATH
I'd love to hear your thoughts or any suggestions you have for this newsletter! What rabbit hole should be explored in the next release?
News of this week
According to Bloomberg, Do Kwon and Terraform Labs have been found liable for fraud in an SEC trial.
Goldman Sachs, Citadel, Citigroup, and UBS have been added as authorized participants for BlackRock's Bitcoin ETF.
Ripple is set to launch a stablecoin tied to the US dollar.
Federal Reserve Chair Jerome Powell has stated that interest rate cuts should not be expected until there's more confidence in inflation levels.
Coinbase has announced a partnership with Lightspark to integrate the Bitcoin Lightning Network.
The US Government has transferred 30,174 Bitcoins valued at $2.1 billion, seized from Silk Road, to Coinbase.
Tweet of this week —> “Not hitting ~$220k before the 4th halving under an angle of 80 degrees would be unprecedented.”
Current status 100% Winning strategy: 🔵—> ALL-IN