Root 🥕

✅ Crossed the 100k ring! 🚀 #Bitcoin

On-chain value map: the bottoming phase. #Bitcoin

@roxom As was clear from his presentation then, and in this segment, he gets it.

RFK Jr. said Bitcoin is the exit from endless money printing: "The off-ramp from the money printing machine is Bitcoin because it's hard currency."

MONDAY JULY 13th | 11.15 AM ET The State of Bitcoin Markets - @therationalroot - @Croesus_BTC At @roxom via X and YT - drop your questions below 👇

Read the latest Bitcoin Strategy newsletter, where we use STH Bands to determine Bitcoin's position in the bottom formation. 👇 bitcoinstrategyplatform.com/news/sth-bands…

Bottom formation viewed through the STH Bands. #Bitcoin

@BitPaine It will not float above $100, because Strategy will buy Bitcoin with the proceeds.

100% disagree with buying back $STRC just to “get it back to par.” There is no necessity that $STRC trade at $100 - and arguably a flaw in the design that $MSTR made so much hay about it staying pegged there. Probably better to allow it to float between, say 90-110 or 95-105 with graded issuance within that range. This allows the market to dynamically adjust effectively yield much more quickly than the dividend adjustment allows, and also makes shorting it more risky as the downside is not capped. Let the market arb it back. Buybacks are a short term solution that only make sense at a much deeper discount and only to the extent that retiring the dividend at discounted prices makes accretive sense to shareholders of the common. And better applied to the more discounted prefs (STRK, STRD) which simplify the cap structure and ALSO reduce dividend burden. Only long term solution for $STRC the market must arb it back to par and gain confidence that this will happen without MSTR intervention. The more they try to peg it to $100 through active intervening rather than market action the less stable it becomes long term. This is the mistake of the fiat system. Intervention for the sake of short term stability only begets more and larger intervention. Robust systems require multi-centric feedback mechanisms that restore equilibria via natural damping of volatility.

@Lagarde @Europarl_EN Despite heavy criticism, the digital euro just keeps getting pushed through, now packaged as if it's about preserving cash, lol. It's not for the people, it's for state control and keeping the euro system relevant. The comments here show what the actual public thinks.

I welcome today's vote by the @Europarl_EN to make sure that the euro, both in cash and digital form, is accepted everywhere in the euro area.

The 4-year cycle. #Bitcoin

"People are blaming treasury companies while actually, ironically, they have been the main driver of demand during this bear market." @therationalroot on why Bitcoin got left behind as capital flowed into AI and SpaceX instead.

"Treasury companies are here to stay. They're a bridge on the path to the Bitcoin standard, just as ETFs are a bridge for capital to flow from the fiat system into Bitcoin." @therationalroot on why the death spiral narrative is wrong.

@CapitalSatoshi No it doesn't, look how high that pink line is at the Halving.

@therationalroot Nigga it looks the exact same

Each cycle has been the "worst" halving cycle. Since we had an ATH due to the ETF approval before this halving, I think it's better to measure from the Realized Price. #Bitcoin

@HodlMagoo @BaconPDX @BitcoinMagazine coming from a PhD, I finally get the PSA.

@therationalroot @BaconPDX If you’re supported by @BitcoinMagazine you must be at the bread line

Public Service Announcement 🚨: Carrots are for poor people.

@BaconPDX @HodlMagoo For the rich and pre-rich 😉

@HodlMagoo Paging @therationalroot - Are you for the poor people?

Read the latest Bitcoin Strategy newsletter, where we compare Bitcoin's current bottom formation to previous cycles and reveal the Deep Undervaluation level. 👇 bitcoinstrategyplatform.com/news/deep-unde…

From Denial to Panic. #Bitcoin

The third time is the charm. #Bitcoin

Thanks Sminston! Last bear market was industry specific, with cascading company failures, whereas this one is more macro related, with competition from AI for capital and attention, while the bitcoin market itself looks healthier. Taking that into account, and with the likely absence of an 'FTX style' event, I don’t think the RSI trend necessarily has to continue lower. Excluding 2022, this one is already deeper than previous cycles. But with hype elsewhere, I also wouldn’t expect an immediate strong rebound.

@therationalroot great visual here @therationalroot 💪 you think the RSI trend continues down from the last four cycles, or this will end up a particularly shallow one, with price rebounding next?

Bitcoin making its 12m RSI double bottom. #Bitcoin