Bitcoin2Go|13. Juli
Bitcoin Close to Perfect Entry? - Are These AI Stocks Cheap Now?
Bitcoin: Entry Zone Under $56,000?
- Bitcoin is just above $63,000 but has lost the key 200 EMA (4h).
- The spot market is extremely weak with low demand; movements are heavily driven by leveraged trading.
- The Power Law support line (~$56,000) is discussed as a potential entry zone, but skeptically: past ≠ future.
- A break below $55,000 could trigger a cascade and break the last remaining faith.
- Realized losses are at bear market levels; there are exhausted sellers, but also long-term holders.
- The US-Iran conflict is weighing on markets, especially Asian indices (e.g., KOSPI -9.2%).
- Chip stocks like SK Hynix (-34% in days) and Micron are correcting sharply, despite record profits.
- AI stocks appear cheap (low P/E), but high expectations are unsustainable.
- Free cash flows of hyperscalers (Amazon, Google) are declining; companies are taking on debt for AI investments.
- Berkshire Hathaway is sitting on record cash; major hedge funds are going risk-off.
- Inflation data and interest rate decisions are in focus; hot data could trigger rate hikes in September.
- The VIX is at 29; uncertainty remains high.
- MiCA 2.0 and the Clarity Act are key regulatory topics for the future.
- Exchanges like Sendex are halting services in Europe; top exchanges are protected by customer asset segregation.
- Bitcoin is relatively stable but could fall below $60,000 if tensions escalate.
- Long-term optimistic, short-term cautious: A strong cash position is being built gradually.
- Current strategy: Stay in the market, but benefit from falling prices.
