Bitcoin is starting to breakdown versus gold. If it continues, it’ll be the first time it’s ever happened as Bitcoin versus gold tries to break above the previous cycle high. In other words, it shouldn’t happen, and if it does, Bitcoin has a problem. pic.twitter.com/388oz1aQJu
— Northstar (@NorthstarCharts) December 22, 2024
Is the cattle ready for the abattoir? pic.twitter.com/D8bDmpAXT8
— The Great Martis (@great_martis) December 23, 2024
The bitcoin community has changed a lot pic.twitter.com/dGzRqj5Joa
— Glocke 🧡 (@Kluckies_) December 22, 2024
JPMorgan CEO Jamie Dimon says a year ago he would “close down” #Bitcoin & crypto if he were the government.
“The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance.” pic.twitter.com/rjZzTHBNRi
— ⚡₿itcoinTeddy⚡ (@Bitcoin_Teddy) December 22, 2024
Was 100k the top? https://t.co/t1Nl0aIslD
— QE Infinity (@StealthQE4) December 22, 2024
Bitcoin Mining isn’t profitable when we consider all the costs.
This isn’t something covered by the Mining Mafia or anyone else that I have found.$RIOT total cost to mine $BTC in Q3 2024 was $113.4K per Bitcoin.
The Miners issue massive shares to fund unprofitable mining. https://t.co/FtLa4AcZIF pic.twitter.com/8xi8sdCVK2
— SRSrocco Report (@SRSroccoReport) December 22, 2024
BREAKING: US #Bitcoin ETFs saw a record $680 million net outflow on Thursday.
This was $117 million higher than the previous daily record set in May.
This came after a 15-day streak inflows which helped push Bitcoin above $100,000.
Record outflows took place after the Fed… pic.twitter.com/xh0ArBSLQt
— The Kobeissi Letter (@KobeissiLetter) December 22, 2024
