//Bitcoin 𝕵ack 🐐, Discover and Read the Best of Twitter Threads by @BTC_JackSparrow

//Bitcoin 𝕵ack 🐐

BTC_JackSparrow

Charts: Bitcoin's UTXO volume profile>20% of UTXO volume occured above $47000 with the moat of the volume at $54-55KThat makes it resistance - if price can travel through the cluster

If you are new, here is the story of how I started out, a story of winning, losing and growingMaybe it can help youThread/ 2/ Early 2017 a friend pushed

Iran adopts bitcoin to their reservesBullish? Bearish?I have seen arguments for both and each have sensible groundsI’ll start with some basic background, then my opinionTHREAD/(it is long, so grab a

$200M ICO Filecoin launch failed terribly, a big ponzi or very bad designThree things come to mind:1. trust derived from staking may not work2. full trustless design may not be

1/ Let's talk stimulus (or lack thereof)During the market crash of 1929-'32 (-89.49% $DJI) monetary policy was the opposite of today's day and age: tightQuantative tightening vs easeningEvery cycle had

If you played Runescape you know that tradeable deflationary rare collectibles kept appreciating in value no matter whatSure, they have pullbacks like everything does, but they kept going upOne could

Speculative, but it would not surprise me we see something along these lines of reality and sentiment $SPX arriving at resistances here3220-3228 would be my topIt'll probably look like hell

Fiat keeps flooding in to exchangesBitcoins keep flooding out of exchangesThere has been no big change in this behaviour for 2 months nowThe result can not come as a shock,

Stop thinking like sheep and start thinking for yourselfSubject: The consultative FSB report on global stablecoins (GSC's) that everyone claims "will ban stablecoins"It contains 10 high level recommendations calling for