Bitcoin added over $14,000 in seven days. That is the largest dollar gain of any week in its history. Not 2017. Not 2021. Ever.
And it happened immediately after Fidelity reported that Bitcoin had been quieter than it had been on 98.5% of days in its entire existence. The market was not dead in July. It was compressed.
In this episode you will discover:
Why this was the biggest week ever in dollars but only the second best since 2021 in percentage terms, and what that tells you about how much Bitcoin has grown up
What the US Treasury bond buyback programme actually is, explained properly and simply, and why a government borrowing money to buy back money it already borrowed is the real story underneath this rally
Why the people who quietly stopped stacking in July are now about to make the single most expensive mistake in investing, and why September is historically Bitcoin's worst month of the year
I built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.
Hit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today’s serious investors.
Podden och tillhörande omslagsbild på den här sidan tillhör
Myles Dhillon | Bitcoin Investing & Wealth Building |. Innehållet i podden är skapat av Myles Dhillon | Bitcoin Investing & Wealth Building | och inte av,
eller tillsammans med, Poddtoppen.