Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
@BitcoinMagazine
BTC is currently outpacing its last two cycles 👀
Bullish 🚀
https://x.com/bitcoinmagazine/status/1828093237749256412
Seems we’ve taken a breather after the recent move up. It’s all good, there’s plenty of uppity to go in this cycle.
We still have rate cuts and Q4 which is traditionally very bullish in halving years (and that’s just 2024. Next year is when the real fun starts).
Things are looking good, we might even close the monthly green after a meaty wick to 49k a couple of weeks ago.
Gentlemen, everything looks set to make a lot of us the new wealthy elite in the next 12-18 months.
BTC is currently outpacing its last two cycles 👀
Bullish 🚀
https://x.com/bitcoinmagazine/status/1828093237749256412
Seems we’ve taken a breather after the recent move up. It’s all good, there’s plenty of uppity to go in this cycle.
We still have rate cuts and Q4 which is traditionally very bullish in halving years (and that’s just 2024. Next year is when the real fun starts).
Things are looking good, we might even close the monthly green after a meaty wick to 49k a couple of weeks ago.
Gentlemen, everything looks set to make a lot of us the new wealthy elite in the next 12-18 months.
It depends..currently UHNWI level in typically considered at $30mil.
If 100% of wealth is in bitcoin:
you would need need 200 btc at $150K/btc
or 100 btc at $300K/btc (150 btc at $200K/btc).
If, however, bitcoin is "just" 75% of your wealth (at 63.5K btc) and you would maintain such 75% ratio (I dunno, buy a "new" NVDA), then you would need:
150 btc at 150K/btc
112.5 btc at 200K/btc
75 btc at 300K/btc