Karl T's Bitcoin Channel
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Borders are just imaginary lines on the ground.
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Depression is an entirely rational outlook on life and the course of history. Everyone will die and everything of value will be gobbled up by entropy. You'll leave most great opportunities on the table, and you'll disappoint the people you care about. The only question is whether depression is rational *in the context of your own life*. Do you want to try to have fun while you're here? You absolutely should! Use every avenue you can to make that happen.
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Bend the knee.
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Great quote.
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This is like the "inverse Cramer" signal.
Just be glad you weren't heavily in Netflix, yeesh.
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Looks like commodities generally have some headroom to grow faster than stocks over the next decade or two. Exciting to be on the cusp of a macro rotation.
Stable coin not so stable. We may have some more forced selling in BTC over the next few days. I'm loading up.
Gay 4 pay
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So apparently when UST blew up yesterday it forced Luna to sell nearly 50,000 BTC into an already weak market. The fact BTC held up so well despite that forced selling is pretty impressive. I'm seeing some models floating around Twitter that indicate powerful support around $24k, so I'm still not ready to call a bottom just yet. But it's not unprecedented in Bitcoin's history that bottoms pass by unnoticed on low volume. So if we are lucky (unlucky?) we may not get the "capitulation wick" everybody is waiting for.
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