🥛 $BTC doesn’t care who’s president, here's proof 📊

PLUS: $13M Bitcoin? Saylor’s bold claim, backed by numbers 📈                                                                                                                                                                                                                                                                                                                                                                                                                 September 10, 2024 | [Read Online]( 🥛 $BTC doesn’t care who’s president, here's proof 📊 PLUS: $13M Bitcoin? Saylor’s bold claim, backed by numbers 📈 [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20Milk%20Road&body=%F0%9F%A5%9B%20%24BTC%20doesn%E2%80%99t%20care%20who%E2%80%99s%20president%2C%20here%27s%20proof%20%F0%9F%93%8A%20%3A%20PLUS%3A%20%2413M%20Bitcoin%3F%20Saylor%E2%80%99s%20bold%20claim%2C%20backed%20by%20numbers%20%F0%9F%93%88%0A%0Ahttps%3A%2F%2Fthemilkroad.beehiiv.com%2Fp%2Fbtc-doesnt-care-whos-president-heres-proof) Today's edition is brought to you by Origin Protocol. Earn real yield with [Super OETH](—enhanced liquid staking yield that has earned 13.1% APY over the last 14 days. [Start earning today!]( [breaker] GM. This is Milk Road. We're like a mother bird that chews up food and then—wait, no. Gross analogy. Point is: we make crypto news digestible. Here’s what we got for you today: - ✍️ Michael Saylor lays out Bitcoin’s path to $13M - 📊 Bitcoin doesn’t care who’s president - 🥛 PRO “Where are we in the cycle?” indicators - 🎙️ The Milk Road Show: [Will September Bring a Bull Run? Critical Events to Watch w/ Lark Davis]( - 🍪 Sony Bank and Soneium to launch a yen-backed stablecoin [Prices as of 9:30AM ET. Click here for our Fear & Greed Index]( [breaker] MICHAEL SAYLOR LAYS OUT BITCOIN’S PATH TO $13M 💸 Michael Saylor = ‘Bitcoin Oprah.’ Though, instead of using an ‘APPLAUSE’ sign and prize giveaways to get everyone fired up – Mike comes in with crazy stats and wild forward looking statements. (Typically causing Crypto Twitter to react, like so 👇) And just yesterday, ol’ Mike went on CNBC to spit some bars… So we watched the entire newscast → collected the best bits → and boiled them down into three key statements that we can only describe as a ‘5-hour energy shot’ of bullish sentiment. 🧑‍🍳 Ready? Alright, here goes… 1/ “We beat every. single. company. in the S&P 500 using our Bitcoin strategy” Not only has Microstrategy outperformed every company in the S&P 500 over the past year, including NVIDIA (913.35% vs. 859.87%) – but it far outpaced $BTC itself! [Source: TradingView]( How? By acting as a regulatory compliant method for investors to gain exposure to Bitcoin – long before the ETFs were available. (Gobbling up investor dollars – and with it, more [$BTC]( – along the way). 2/ Mike’s predicting a $13M Bitcoin by 2045 (👈 not a typo)! How did he get to that number? Here’s his thinking: Bitcoin is growing at around 44% each year. In the next 5 years, he believes returns will lower to 40%, then 35%, then 30%, and so on… Until it reaches a cruising altitude of ~$13M per coin. 🤯 The next catalyst for price appreciation according to Mike? Banks custodying / holding Bitcoin on their balance sheet. 3/ Saylor flips the ‘Bitcoin is risky’ narrative on its head → drops mic 🎤 Here’s the quote from the man himself (trimmed slightly, for efficiency): “Bitcoin is an expression that you want to invest in assets without counterparty risk. Which means you don’t want to be a counterparty to a country, a currency, a city, a company, a commodity or a culture… People think it's a risky thing. It’s all about people not wanting to take risk. 💡 They don’t want to guess whether Picassos, or Real Estate in New York, or NVIDIA stock will be higher in 10 years… They want to buy one twenty-one-millionth of all the money in the world.” Chills…literal chills. If anyone needs us, we’ll be in the garage practicing karate (trying to burn some of this energy off). 🥋 But what do you think about all of this? [Saylor is smoking something 🌿]( [Saylor is right on the money! 💸]( [Saylor isn’t bullish enough imo 🐂]( [BOOST YOUR BAG WITH SUPER OETH]( Ready to pump up your ETH earnings? Say goodbye to boring yields and hello to [Super OETH.]( The first-ever supercharged LST is live on Base, giving you much higher APYs than stETH and rETH could ever dream of.* Super OETH doesn’t just stake—it powers up with Layer 2 rewards. Since launch, Super OETH has offered a 14-day trailing APY above 13.1%. Swap to Super OETH on [Aerodrome]( and begin earning double-digit yield on ETH. Don’t wait—turn your ETH into a [supercharged yield machine]( today!* *Disclaimer – A reality check from the Milk Man: I know my dairy, not your dollars. This partner content isn't financial advice. [breaker] COTD: BITCOIN DOESN’T CARE WHO’S PRESIDENT 📊 Feeling a little over stimulated from that first article? Worried those excited jitters might turn into anxiety if the crypto market responds poorly to tonight’s presidential debate? Don’t worry – we got you. ✌️ Here’s a mindfulness meditation in chart form: [Source: TradingView]( The through-line here is this: While there may be short-term volatility surrounding the presidential race – in the long run Bitcoin (and by proxy, the rest of crypto) doesn’t really give a sh*t. 🥱 Markets love certainty above all else – and right now, the presidential race represents uncertainty. Once the elections have taken place, market players can start to feel a little more confident in their allocations and will likely begin investing in greater volumes. And if (for whatever reason) you feel yourself wanting to hit the panic button between then and now – just follow this process: Zoom out → zen out → and remember: In the long run, Bitcoin tends to win either way. 🏆 [breaker] PRO “WHERE ARE WE IN THE CYCLE?” INDICATORS 🤔 You know that moment of sheer panic you sometimes experience when waking up from a deep sleep? (Where am I? Who am I?? What’s tha—oh, it’s my leg…) A moment later, you figure out where you are and the panic subsides. Well, same thing goes for the crypto market. Crypto moves in cycles, and knowing where we are in the current cycle is crucial for not only keeping your cool, but capturing the best opportunities. The goal is to spot the bull market peak before the inevitable bear market hits your bags hard. Since timing the top perfectly is almost impossible, we use various indicators to give us a better shot at taking profits before it's too late. Below are the 5 indicators we track, with a color-coded system to show how close they are to signalling the market peak: 🟢 Plenty of room to run 🏄 🟡 Getting closer to the top signal, but haven’t yet reached the mark ⚠️ 🔴 We’ve hit the market top indicator 🚨 Every Tuesday, we update these 5 indicators exclusively for PRO members. Our advice? Don't wait for all of them to hit 🔴. It's better to take profits as they get closer to that point. Let's dive in and see if we're anywhere near the top of this bull market. 👇 [Paywall]( GO PRO AND UNLOCK: - Full access to the 5 bull market peak indicators above. 👆 - Full access to the Milk Road PRO Portfolio. 📈 - Our weekly reports that help you invest successfully in crypto. 💰 - Full access to the Milk Road PRO community. 🫂 - 50% off Milk Road's NEW [crypto investing masterclass](. [GO PRO TODAY]( PRO REVIEW OF THE WEEK [breaker] BITE-SIZED COOKIES FOR THE ROAD 🍪 [Paxos is launching stablecoins on Arbitrum, an Ethereum Layer 2 network.](This aims to improve transaction scalability and drive DeFi growth​. [Japanese firm Metaplanet bought $2M in Bitcoin, bringing their total to $26M.]( The company has been steadily increasing its crypto holdings due to economic challenges​. [Sony Bank and Soneium launched Japan's first yen-backed stablecoin.]( The project aims to reduce transaction costs and improve financial efficiency using blockchain​. [TRON, Tether, and TRM Labs formed a unit to combat crypto crime.]( They’ve already frozen $12M in illicit USDT as part of their efforts​. [Join forces with the Milk Man!]( We’re looking for a Twitter Specialist + Content Creator who can mix crypto knowledge with top-notch tweets. Think you’re the one? [Apply today and let’s get this show on the road!]( [breaker] MILKY MEMES 🤣 [Source: @alancarroII]( [Source: @AutismCapital]( [Source: @sherlock_hodles]( [breaker] RATE TODAY’S EDITION What'd you think of today's edition? [🥛🥛🥛🥛🥛 F**king great]( [🥛🥛🥛 Meh, do better]( [🥛 You didn't bring the heat]( ROADIE REVIEW OF THE DAY 🥛 VITALIK PIC OF THE DAY [breaker] DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. [tw]( [ig]( [yt]( [tk]( [in]( Interested in reaching smart readers like you?  [Sponsor Milk Road]( Update your email preferences or unsubscribe [here]( © 2024 ImpactDM Inc. operating as Milk Road 1257 Dundas St W Toronto, Ontario M6J1X6, Canada [Terms of Service](