⚡️💬 NEW - Luke Gromen says that he reduced his Bitcoin portfolio substantially at $95,000 and thinks it’s going a lot lower.
- Risk of quantum computing
- Not making new highs vs gold
- Lots...
... all reasonable observations.
With regard to "watching what Tether's doing", however, I strongly suspect he's referring only to Tether accumulating gold more so than bitcoin. I seriously wonder if he's even aware that Tether has an obligation to hold gold vis a vis their issuance of Tether-Gold tokens (which, in relative terms, has recently exploded). That is, I see Tether's efforts to focus more on acumulating gold as anticipation of a growing gold token business rather than necessarily projecting gold to appreciate more than bitcoin.
With regard to "watching what Tether's doing", however, I strongly suspect he's referring only to Tether accumulating gold more so than bitcoin. I seriously wonder if he's even aware that Tether has an obligation to hold gold vis a vis their issuance of Tether-Gold tokens (which, in relative terms, has recently exploded). That is, I see Tether's efforts to focus more on acumulating gold as anticipation of a growing gold token business rather than necessarily projecting gold to appreciate more than bitcoin.
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