Bitcoin $100k Today?

Bitcoin is nearing a milestone price of $100k as BlackRock's ETF eclipses its gold counterpart while Pennsylvania pioneers Bitcoin rights legislation. Experts foresee a bullish trend, and Trump's administration plans a strategic reserve. Read on.

Bitcoin $100k Today?

💵 Welcome to the Bitcoin newsletter for long-term wealth creators.

📈 Bitcoin Price - 3 Months

Source: https://www.bitcoinmagazinepro.com/bitcoin-price-live/

🌡️ Bitcoin Temperature

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1: Extreme Fear - 5: Extreme Greed
Be greedy when there is fear in the market and fearful when there is greed.

This article explains how to use the Bitcoin temperature to make your Bitcoin investment decisions. The Bitcoin Temperature is now available on my website and updated every Wednesday.
Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature
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Despite the price of nearly $100k, the Bitcoin temperature has not increased since my last post.
Source: Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature

🥊 Bitcoin Vs. Other Assets

Source: https://www.sandeepgoenka.com/btc-metrics/btc-vs-other-assets

🗞️ Bitcoin Bytes

  • "Bitcoin has the potential to be a universal Bible currency" - Joe Rogan while discussing Bitcoin with Sam Altman.
  • BlackRock's Bitcoin ETF is now bigger than its Gold ETF.
BlackRock’s Bitcoin ETF Surpasses Gold Fund After Record Inflow
BlackRock Inc.’s spot-Bitcoin exchange-traded fund has surpassed the size of its gold fund amid record demand for ETFs that invest in the original cryptocurrency.
  • Bitcoin is very much part of this (Trump's) administration's plans, including building a strategic reserve—Cathie Wood.
  • Pennsylvania became the first state to pass a Bitcoin Rights Bill, proposing a strategic reserve—read the full story on Forbes here.
  • VanEck predicts Bitcoin will hit repeated all-time highs over the next two quarters—read more on Cointelegraph here.
  • Trump's crypto advisory council to setup promised Strategic Bitcoin Reserve.

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See you in the next block.
Sandeep Goenka

DISCLAIMER: I am not a certified financial advisor. This newsletter should not be considered financial advice and is for information purposes only. Please do your research.