🧠 Here's my Bitcoin price prediction

Today’s email is brought to you by The Bitcoin Way - personalized, secure, and comprehensive solutions for every aspect of your Bitcoin journey.

Book a call with your Bitcoin IT team.

Good morning - Arsen here. ☕

Welcome back to Bitcoin Therapy. The newsletter with stories juicier than a perfectly cooked steak (medium rare, of course).

First, happy and relaxing Sunday to 4,279 patients reading today. 👋 

We’ve officially hit 4,000 readers! Thanks to everyone for pushing me to be a better writer ❤️

Next goal: 10,000 readers

Alright, here’s what I got for you this week:

  • 5 signs the 2024 bull market is here🐂

  • An NFL player’s massive Bitcoin bet

  • Bitcoin to reach $140,000 in 32 days (source: math)?

Estimated read time: 2 minutes and 23 seconds

Forwarded this email? Sign up here.

5 SIGNS THE BULL MARKET IS HERE

1/ All of Bitcoin hodlers are in profit

Yes, that includes you, too.

Check this out: 99% of Bitcoin holders are in profit today

The last time Bitcoiners were this profitable was in November 2021 (previous ATH)

I’m sending this to my boss. You should, too.

2/ Bitcoin is now more valuable than Facebook

Bitcoin has reached a $1.321 trillion market cap, surpassing Facebook’s $1.248 trillion market cap.

Bye FAANG.

Hello, ₿AANG.

Silver and Google are next 🎯 đŸ”Ť

You can check the current ranking here.

3/ Bitcoin is hitting ATHs around the world 🌍

Bitcoin has hit an ATH in 14 of the top 20 currencies in the world!

Think of fiat currencies as Dominoes. They keep falling until the last one.

US Dollar, you’re for you next. 🪦

FINISH HIM!

4/ Google search volume for "Bitcoin” is exploding

Translation: retail is coming

And no, this chart doesn’t say that 60 people are googling for Bitcoin.

This chart shows relative interest.

Example: 50 means it has half the search volume compared to the date it had max popularity.

You’re welcome.

5/ MicroStrategy borrows $600 million to buy Bitcoin

Michael Saylor is a madman (with huge Cojones).

He is leveraging his business to the max to buy more Bitcoin.

Infinite money glitch activated ✅

I wrote about how the glitch works and why it’s significant here.

TOGETHER WITH THE BITCOIN WAY

30% OF BITCOIN IS LOST FOREVER

Scary number, I know.

I can’t imagine anything worse than saving in Bitcoin for years…only to lose it.

That’s why I want to ask you a few questions:

  1. Do you think your Bitcoin setup is secure enough?

  2. Do your loved ones know how to access your Bitcoin if something happens to you?

If you struggle with these questions, you’re not alone. I’ve been there.

When I first discovered Bitcoin in 2017, I made many mistakes. I sent BTC to the wrong addresses, overpaid in transaction fees, and sometimes didn’t back up my wallet (RIP, Sats).

This is because there was no one to guide me. But that’s not the case today. Meet The Bitcoin Way - your Bitcoin IT team

These Chads offer personalized, secure, and comprehensive solutions for every aspect of your Bitcoin journey (they’ve thought of everything):

  1. Wallet & node setup

  2. Individuals & Businesses

  3. Inheritance planning

  4. Privacy-focused collaborative custody

  5. Fast and reliable tech support

They’re rated 4.9/5.0 on Apollo. So yeah, they’re legit.

PS: it’s a friendly tour, not a sales pitch ☝️

AN NFL PLAYER’S MASSIVE BITCOIN BET

Say hello to Russell Okung. He is the guy who:

  • Is a former NFL player

  • Won the Super Bowl

In 2020, Russel was making lots of money as a professional player.

The issue? He knew he was being paid in cuck bucks that lose value over time.

His solution? Demand that half of his paycheck be paid in Bitcoin (Bitcoin was $30,000 at the time)

He got his wish and became the first NFL player to receive his salary in Bitcoin.

And everyone and their mother were laughing at Russell, calling him a ‘dumb jock’ who got hit in the head too many times.

Fast forward to today, and this dumb jock has DOUBLED his money.

When I grow up, I want to be like Russell Okung.

BITCOIN TO REACH $140,000 IN 32 DAYS? 

In case you’re new here, things get crazy during the bull market

And the craziness only gets more intense after an ATH (all-time-high).

Check this out. Here’s how long it took Bitcoin to double after reaching ATH:

  1. Dec 2020: 18 days

  2. March 2017: 84 days

  3. Nov 2013: 10 days

  4. March 2013: 18 days

On average, it takes 32 days for Bitcoin to double after ATH.

This means that Bitcoin could reach $140,000 in 32 days after reaching its previous ATH ($69,000)

Moon math is my favorite kind of math.

QUICK NEWS⚡

  • A Hong Kong crypto exchange disappeared with $57 million in user funds. Authorities tried finding them, but the company address led to an empty office in a strip mall. Adios, dinero.

  • An ancient Bitcoin wallet from 2012 moves Bitcoin for the first time ever (don’t mind me, just moving a few sats around).

  • Coinbase goes down (again) and shows a $0 balance for some users during ATH. Seriously, how f*cking hard can it be not to break once a week?

THIS WEEK IN A MEME 📅

FROM THE ARCHIVE 📁

With Bitcoin pumping, Satoshi is now the 21st richest person in the world, with an estimated 1 million Bitcoin.

PATIENT REVIEW 🧠

MY FAVORITE BITCOIN TOOLS 🏆

  • BitBox - One of my favorite hardware wallets on the market. Swiss-made, 100% open source, and a pretty cool team. Get 5% off all purchases by using the code ‘BTCTHERAPY’

  • Relai - I’m a big proponent of Bitcoin DCA. I use Relai (I also work there). If you’re in Europe, use my code BAGGINS for 0.5% lower fees.

  • Satsback - Earn Bitcoin on your online purchases. Just install their extension, and it will tell you when you can earn free sats.

  • CryptoCloaks - These guys have all the cool sh*t you need want. They make 3D-printed cases for hardware wallets, nodes, merch, and stickers. Anything you want - CryptoCloaks got them.

  • Start9 - If you want to be self-sovereign and use Bitcoin correctly, you MUST run a Bitcoin node. Start9 is my go-to recommendation for users of all levels. Use the code BTCTHERAPY for 9% off your Bitcoin node.

  • Konsensus Network - The best way to orangepill your fam? Bitcoin Books! Konsensus Network has the best selection of iconic Bitcoin classics (in multiple languages, too). Use my link to get 10% off your books.

*These are affiliate links, which means I earn a few sats when you buy from them. I personally use or have used all of these tools

That’s it for this one—big thanks to The Bitcoin Way who allow us to write Bitcoin Therapy. You support us by supporting them ❤️

This newsletter isn't free. The ONLY payment I want is for you to share this email with a bitcoiner.

It only takes 5 seconds, but it means the world to me. Thanks!

See you next Sunday,

Bitcoin Therapy Teabitcoin way if you are in

Reply

or to participate.