Dear Readers, Bitcoin is back above $100,000 this Thursday evening after a strong performance all week. After the breakout in the upper $80,000s, we believed the path was somewhat clear to the all-time highs. I am getting a feel for this bull market, and I have three charts to demonstrate my thesis around the future violence of bitcoin price action, and then TBL Liquidity versus bitcoin to bring an interesting short-term observation. Let’s get into some trader notes. Every Business Will Buy Bitcoin Bitcoin isn’t just for the balance sheet anymore—it’s the benchmark. On Wednesday, May 14, at 11 AM CT, join Unchained, Strive, and other bitcoin-native thinkers for a live online event exploring how bitcoin is reshaping capital allocation. Learn why more companies are building bitcoin treasuries—and why those who don’t risk falling behind. ❌ DON’T WRITE YOUR SEED ON PAPER 📝 It’s estimated that ~30% of Bitcoin is lost forever. Poor seed phrase security is a big reason why. This is why we use Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools.
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Thursday, May 8, 2025
Trading This Bitcoin Bull Market
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