F&G: 83
Price: $102 – 107k (or) £81 – 85k
Hashrate: 787 EH/s
Nodes: 20,804
MSTR Price: $412 – $437

The hashrate of the network reached an ATH of over 800 EH/s. This is huge and continues to demonstrate the strength of the network. Furthermore, the price of bitcoin reached another all time high of $107k and we could see $110k fairly soon. Retail FOMO is a thing of the past. Sovereign FOMO is here.

The mention of the super cycle seems to be getting more traction over particular spaces, and it is a safe bet to assume that we are now in the first innings of that super cycle. As I wrote in a previous post, the super cycle is the point from which we don’t back. It is the worldwide adoption of bitcoin at such a rate that we never see the four year cycle again, or on a scale that we might recognise as such. The super cycle sees bitcoin go up continuously for the foreseeable future.

I would not be selling or trying to trade bitcoin right now and this is because of what is happening at the sovereign level. Nation states have a position and are now forced to compete with each other with that in mind.

With that in mind, the window to front run banks and governments is running out. And the moment when we will know that it is lost forever is likely to be when Bitcoin hits 1M a coin.

Because at that stage, economic actors will be forced into competing for sats rather than coins.

Act appropriately.