Major news!

Wow what a week for Bitcoin. BTC Ranging between 104,000 and 91,000. Everyone is waiting for the Microstrategy QTR earning meeting this week. The MSTR community is expecting big news as MSTR reports profits using the new Crypto Fair Value Accounting. This new method should show impressive gains for MSTR. In other news the US government has announce a Sovereign Wealth Fund that may hold Bitcoin. Arthur Hayes of CIO Maelstrom predicts a market crash for Bitcoin to 70000 before heading to 250000 this year. James with Invest Answers floats a very unique thought that the severe supply shortage of Bitcoin coupled with the demand from corporations, states, nation states and sovereign wealth funds may drain exchanges and OTC desks. MSTR could be one of the only ways to secure exposure to BTC. Crazy to think about that dynamic. Max Kaiser BTC OG states that the current administration missed the mark by starting an all crypto task force instead of creating a BTC Strategic National Reserve. Max stated on Twitter that "Trump just doesn't get it".

My personal thoughts regarding the future of BTC is its going to run until the end of this year unless the world experiences a major Black Swan. The Fed will have to start printing again and that's always good for BTC. In addition, MSTR could possibly become the most valuable company on the planet as it buys more Bitcoin and moves into a Bitcoin treasury company and eventually a BTC bank.

No one knows when or how Bitcoin will appreciate this year and into the future but this year is a perfect storm for BTC and the possibilities are endless. The world is slowly waking up to this new asset class controlled by no one. We have a bright star in the mist of a crazy time that can provide hope for people around the world. On this club website page is a video "God Bless Bitcoin". This is a fantastic video from some major BTC OGs in the space. Take the time to check it out. See you next week.