Bitcoin bounces at $49K after 33% drawdown amid global TradFi market crash! - Ep.169

Today’s Bitcoin news!

PRICE UPDATE:

Bitcoin fell all the way down to $49K!!! But it’s now hanging around the $53k-54k area. Hold on tight!

You are here. POST: https://primal.net/e/note1kujm8d5mp9wqshfyanlrk0t0x0vkm3vmyj7kjwhc7hzpdtvgny3smyedar

Periodic reminder. Hodling is not easy. If you already worry about -20% dips, then bitcoin is not for you. POST: https://primal.net/e/note1w4fejzdh23j4nsfhyvlpa8lvjnsm3lfywpjhvdzjekvcm9gktsps0yls4p

🗣️🎙️: I’M NOT SELLING. #Bitcoin 🙌💎🙌. POST: https://x.com/BTC_Archive/status/1820151989751132478

✅ Intermediate level hit. #Bitcoin. POST: https://primal.net/e/note1fv9mszuu8q25wee03f0wjl9xexvgc6ne4cefg7h8664gtw8r9txsthsdgl

Still not even a 35% drawdown from the bitcoin ATH...weak sauce. POST: https://x.com/w_s_bitcoin/status/1820487464903200851

#Bitcoin is a safe-haven asset that people assume is a risk asset. Thus, in the short term, it trades as such. POST: https://primal.net/e/note1ll7r6lenyw8du0x0qwznljzf40zntsgfq4l9wh0qfvxqf8gehveq2hlw3v

Why is everyone panicking? Everything is going just like the past with #bitcoin. POST: https://x.com/vikrantnyc/status/1820451413798928533

When you've been in crypto for 6 years. POST: https://x.com/TheCryptoLark/status/1820210859425092013

BREAKING: #Bitcoin whales buying the dip at record pace. POST: https://primal.net/e/note1ldqe6hk30f82p62w2s7nh7752zmer3fqej3e2r27fazgglhzkj8s20kv9n

TRADFI MARKETS CRASH:

🩸Mag 7 Tech Down +$1 TRILLION in Market Cap
NVDA down $325 billion
AAPL down $300 billion
GOOGL down $200 billion
AMZN down $135 billion
MSFT down $125 billion
META down $80 billion
TSLA down $60 billion
🩸 Blood on the streets…
POST: https://x.com/RadarHits/status/1820466659280187546

BREAKING 🩸$2 TRILLION wiped out from stocks this morning due to fears of a global recession. 🇺🇸 EMERGENCY FED MEETING EXPECTED. POST: https://x.com/RadarHits/status/1820457957915505145

Only twice in history has the volatility index (VIX) been as high as it is today: during the 2008 Great Recession and the 2020 COVID economic shutdown. POST: https://x.com/alanbwt/status/1820442650257821851

BREAKING: 🇹🇼Taiwan's stock market crashes to worst day in 57 years - Bloomberg. POST: https://x.com/RadarHits/status/1820387326658334840

Can I please get a quick TLDR on why markets are on fire at the moment? Thanks. (Yes, yes, I know, I normally say I don't care about macro, but I am curious what's causing the global panic.) POST: https://primal.net/e/note1p6rqhyp0hvedcluyhqhnavvqnh744y044qv8e0s80jzweht5w66skw3yed

GRATITUDE:

I can’t imagine navigating modern chaos without bitcoin. Zoom out and thank Satoshi. POST: https://x.com/harry_sudock/status/1820481895659889109

If you’re worried about the collapse of the financial system, you want #Bitcoin. If you’re worried about war, you want #Bitcoin. If you’re worried about the future in any way, you want #Bitcoin. POST: https://x.com/Excellion/status/1820309922116157708

HAVE YOU MISSED THE BOAT WITH BITCOIN?:

There is literally NEVER a time in which someone has “missed the boat” to buy something that will consistently grow in value by trading away something that will consistently lose value. It’s simply crazy not too, they just don’t understand what it is and the idea of it just always rising in value seems absurd to them. Yet it’s perfectly simple and intuitive. It’s like missing out on the best seats at the front the life boat and then saying “nah I’m just gonna stay on the sinking ship, the seats in the back look uncomfortable.” POST: https://primal.net/e/note10r38cj76a3sj75gsrp8ayxp95dqk0u62n5h36vufyl3r5wcqfvkqx7s0md

FIAT/GOVERNMENT NONSENSE:

Politics is the entertainment division of the military industrial complex. ~ Frank Zappa. POST: https://primal.net/e/note1trm6kqlj8n2ntvl6w3yh238cwrrxhdzxkvj6tv2a3y2k25uq4dzqgzeq2u

NFL to roll out facial authentication software league-wide. ARTICLE: https://therecord.media/nfl-to-roll-out-facial-authentication-league-wide

Elderly man arrested for his Facebook comments that some people complained about. The UK is a broken society. POST: https://x.com/WallStreetSilv/status/1820492567370186988

BITCOIN CULTURE:

We just had one of the most serendipitous, fortuitous events happen EVER on one of our film shoots… POST: https://x.com/getbasedtv/status/1820294819282882595

EDUCATION:

Free issue for the first Monday of the month! College Dowry, Zero-sum Aristocracy, Cell Phone Job Satisfaction, We are Big Brother, Elite Gullibility, HWW economics, BOLT12 Contact List, proof-of-stake forums and more! #Bitcoin Tech Talk #408.
POST: https://x.com/jimmysong/status/1820461003097719250
ARTICLE: https://jimmysong.substack.com/p/bitcoin-tech-talk-408

LOL:

This dog had been missing for two weeks, this is how the cat greeted him when he was finally found. POST: https://primal.net/e/note1e42k9r9cdfkf84jgu3j5d60xyp0t3l2xzkv9uqj232z7at2usqdsnn3v7k

Here’s 5 TikTok dances you can do to help prevent a cataclysmic financial collapse LOL. POST: https://x.com/TikTokInvestors/status/1820276565768646858

So my other dog is making fun of my corgis short legs… LOL. POST: https://primal.net/e/note1prqgq2cv93rfspuwkyev6lqey277407e9u9t2fj8kw7ujrnekrtq5jhsww

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