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BTC was up 14.7% in April and May will be just as solid or better. M2 supply says so. image
image Tesla operates like a human. Eyes and Brain. Mfg Cost $32000 all in! Waymo operates like a wet noodle. The Suite costs more than a Tesla with full self driving included. Waymo Hardware $37,900, not even including the car! Thats WAYMOer expensive. image Tesla w Self Driving: $32,000. There is no second best.
This table has a lot to say. Many of the initial large losses were offset by the end of April. Things have rebounded fast. The speed at which it falls is typically the speed at which it recovers. Oil has led the way for the losers at almost a 20% loss. If you have held gold since 2020, you are only up 24%. If you account for debasement of ~40%, then you are deep in the hole. In the same timeframe, Bitcoin is up 304%. The Dow Jones is only up 7.25%, the S&P is up 15%, and the NASDAQ is up 43%. Notice why we invest in disruption when you compare the performance of the NASDAQ versus the S&P. Over time, Bitcoin kills them all. image
image The Bitcoin ETFs now have 1.143 million Bitcoins. That is a lot! The Bitcoin EFFs now have 111.1 billion dollars in on-chain holdings.
FYI: there were 150,000 people on the Strategy earnings call yesterday!!!
Bitcoin broke out of the STH RP at $93,008. It spent exactly 60 days under this resistance, exactly the same amount back in August-October 2023. After that, it went up 180% in 200 days. image