BITCOIN - EVERYTHING IS CHANGING FAST! (TODAY IS A BIG DAY!)

Introduction to Micro Strategy's Big Strategy Day

Micro Strategy's CEO, Michael Saylor, announced a big strategy day for Bitcoin, sparking speculation about a potential strategic Bitcoin reserve. However, it's likely that the focus will be on Micro Strategy's Q4 earnings report instead.

Micro Strategy's Earnings Report

• Wall Street expects a loss of $0.9 per share, compared to earnings of $0.50 per share last year.
• Revenue is expected to dip by 1.7%.
• The adoption of FASB fair accounting rules could significantly impact the earnings report, potentially resulting in a gain of $31 per share if adopted.

Bitcoin and Crypto News

• BlackRock has bought a significant amount of Bitcoin.
• A sovereign wealth fund is being established, with a video message from its future head discussing the potential for Bitcoin to become more mainstream.
• China's president is meeting with Trump to discuss tariffs, which could lead to a market pump.
• Traditional financial institutions are showing interest in Bitcoin, but are waiting for regulatory approval to transact and hold the asset.

Market Predictions and Analysis

• The head of the sovereign wealth fund believes that Bitcoin will become more mainstream in the next five years, with traditional financial institutions eventually treating it as a financial asset.
• The market is expected to move in a positive direction once regulatory environments improve.
• The establishment of a strategic Bitcoin reserve is seen as a key step in the adoption of Bitcoin by traditional financial institutions.

Trading and Investment Opportunities

• A link to a trading platform, Weeks, is provided, offering zero maker fees for limit orders until the end of February.
• The importance of understanding leverage and market cycles is emphasized.