Austin Platts @macroplatts
All things macro and investing. Not financial advice. #endthefed Joined August 2024-
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This will blow your mind. If you bought Bitcoin 500 days before each halving and sold 500 days after each halving, here would be your total gains with today's price: Buy $13.50, Sell $440. Up 3,159% or 32.59X. Buy $238, Sell $8,192. Up 3,342% or 34.42X. Buy $3,849, Sell $43,368.…
This will blow your mind. If you bought Bitcoin 500 days before each halving and sold 500 days after each halving, here would be your total gains with today's price: Buy $13.50, Sell $440. Up 3,159% or 32.59X. Buy $238, Sell $8,192. Up 3,342% or 34.42X. Buy $3,849, Sell $43,368.… https://t.co/hJAxszmaYK
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Many people are comparing this bitcoin cycle (green) to the 2019 (blue) rate cutting cycle . Bitcoin has not seen a recession longer than 2 months, so it is tough to say how it will perform if we get one. But I can bet that if Americans got stimulus checks again, a lot of people…
Over the last 6 months gold is up nearly 23% and has set a new high 9 out of the last 12 days. We have also seen people transition to defensive sectors of the stock market, yet the $SPY keeps breaking new highs.
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