Bitcoin Gamma Squeeze

For the first time in history there’s something that can really melt faces and wreck the dreams of shorters. The name of that asset is bitcoin and it’s the only thing to have ever existed that cannot be diluted when the price skyrockets. When looking at GME, I think Wallstreetbets had the right idea but there’s just too many insiders that ended up dumping the stock and even more importantly the amount of stock that was issued after the rally. Shares outstanding went from 260 million to 304 million. The price was around $45 when this happened. In dollar terms they issued 2 billion dollars’ worth of stock to dump on you and put a lid on the rise and thus ending the vicious cycle of higher prices leading to more interest and vice versa.What if this were to be done on bitcoin? What if we shoot the price of bitcoin to 400k which would make bitcoin an 8.4 trillion-dollar market cap asset. For comparison gold is estimated to be 13 trillion dollars in market cap and bitcoin is the better asset and store of value. So, what would happen after the rapid rise? The answer is probably nothing, bitcoin could just hold its gains since there is no way to make more of it even if the price goes up, 21 million is the total supply that cannot be exceeded. For every person there’s only 0.002625btc. Let’s not leave all of it for the bankers please, I recommend you start buying at least this small amount just in case. To be top 1% in a bitcoin economy you need 0.12btc which costs 4000 dollars today. Why is now the perfect time to squeeze the shorters of bitcoin? There has been a lot of options selling on bitcoin, the implied volatility (VIX of bitcoin) is trading at depressed levels. Options volumes have started to rise rapidly. CME futures open interest has never been higher. Given all this, it seems that bitcoin could be at the cusps of a gamma squeeze. On top of that there is the limited availability of bitcoins right now, long term holders are holding vast majority of the coins. It is the perfect setup for giving the shorters and call sellers of bitcoin a reality check. Don’t wait for Blackrock and others to accumulate all the bitcoin, why not front run the bankers and let them join at a higher price. Also, the BTC etf is coming at the latest January 10th. On top of that, around April 2024 the supply inflation rate will be cut in half, which has caused a massive spike every single time it has happened in the past. The catalysts are there.  via /r/Bitcoin https://bit.ly/45WmXci