mark2012
02-06
isn't it exciting, new bargains, sell those PUTs and get some bargains. yeeha
Brazil 1M BTC Plan: 5% Bounce Sustainable?
Bitcoin rebounded over 5% after reports that Brazil’s Congress is proposing a strategic Bitcoin reserve, targeting accumulation of 1 million BTC over five years. At current supply levels, that would represent roughly 5% of total circulating Bitcoin — a headline-grabbing figure. However, the proposal still faces political, fiscal, and execution hurdles. Would steady sovereign accumulation tighten supply and reduce float? Is this marginal compared with ETF flows and macro risk cycles? Is this rebound the start of a structural bid or just relief in a fragile trend?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment