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Many close calls later, BTC finally managed to break through $20k -- and it BLEW through it, barely slowing down til $22k. What was different this time?

A thread about man vs. machine.

https://t.co/mGRJ852xVb


As has been pointed out, I've been adamant that the rallies in the past month or so have been heavily fueled by rampant liquidations on both BitMEX and Binance. And they have! But they were also fueled by organic buying among U.S. investors, as has been a popular narrative.

If anything, the narratives surrounding various U.S. funds and other companies buying BTC have gotten *stronger* in the past week or two than they were around Thanksgiving. More and more funds have announced their crypto holdings or plans to acquire them.

And direct signs of all this exist. Take a look at FTX's volume monitor: U.S. trading hubs like Coinbase having more volume than normal *is* a signal that U.S. customers are doing *something*, and when BTC is going up ...

(Coinbase even crashed from "heightened activity :P).


The DOW recently announced their new crypto indices, CME is listing ETH futures, Microstrategy putting $650M into BTC, GBTC AUM continuing to balloon, these all point in the same direction, and that direction is a resounding "up" for the crypto markets.
💥🔴🟠🟡 Situation Update, Dec. 17th – Ratcliffe confirmation of foreign interference hands Trump justification to SEIZE ballots, voting machines

There is an incredible dynamic unfolding today as the deep state is pressuring DNI Ratcliffe to try to delay the foreign


interference report that’s due this Friday (the 18th).

🔸Fauci says 85% of Americans will need to be vaccinated against COVID-19 for the U.S. to reach ‘herd immunity’ –
https://t.co/xgPjoY6noa

🔸Experts slam the use of infrared forehead-scanning thermometers to screen for

Covid-19 as ‘unreliable, inaccurate and ineffective’ – https://t.co/zpE4U0VAQT

🔸Candace Owens Calls Dr Fauci, Bill Gates & Big Pharma ‘Evil" - “Dr. Fauci is evil. Bill Gates is evil. The pharmaceutical industry is wrought with corruption and pure evil” Owens wrote to her 2.8

million followers. Owens previously vowed that she will “under no circumstances” take any coronavirus vaccine, “Ever. No matter what,” she wrote back in April. https://t.co/jpl5AyPYiD

🔸Office of the DNI DELAYS the foreign interference report – Tweets
Amanda Schoch, ODNI

Director of Strategic Communications: “This afternoon the DNI was notified by career intelligence officials that the Intelligence Community will not meet the December 18 deadline, set by Executive Order and Congress…”

“to submit the IC’s classified assessment on foreign threats