The Boy Who Wanted More Bitcoin
(with apologies to Dr. Seuss)
There once was a boy who wanted more coin,
So he built clever tickers for others to join.
First came STRK,
Then STRF with a perk,
Then STRC and more letters in line.
He said, "Just one more ATM ought to suffice,
A little dilution is surely a small price."
But each time he'd buy,
He'd look to the sky,
And whisper, "More Bitcoin would really be nice."
The spread was once wide,
But he squeezed it with pride,
Till the premium dwindled near zero.
"One more preferred share!
One more offering there!"
He declared as he played the bold hero.
He launched and he stretched,
Refinanced and fetched,
Each satoshi that could be acquired.
Yet after each raise,
Through the market's bright haze,
He still wasn't fully inspired.
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Senate leaders are holding emergency meetings next week to save the CLARITY Act.
Two deals already collapsed. Ethics rules. Section 604.
If this fails before recess, the US gets no federal crypto rules until 2030.
No legal classification for Bitcoin. No path for institutions. Nothing.
This is the most consequential bill in crypto history.
And right now it's hanging by a thread.
I recorded this 4 days ago when BTC was still sitting at support and the chart looked ugly.
Since then, price has bounced nicely.
The point of the video was not “bottom is in.”
It was the question that mattered at the time:
Was this support area the start of accumulation, or just redistribution before another leg lower?
I walked through the Wyckoff read, the value area, the key reclaim levels, and what bulls needed to prove.
So far, they’ve started doing some of that work.
Still a lot left to prove, but this is exactly why I wanted to map both sides instead of getting stuck in one narrative.
Holding the low kept the accumulation idea alive.
Reclaiming value was the next step.
Now the question is how much structure bulls can actually build from here.
Check out the video and enjoy!
https://t.co/en6Kee7FtK
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How Many Bitcoins Are There?
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
