Hello, this is Coinscript.

In today’s episode:

• Bitcoin to $100k or $80k?

Bitcoin's Identity Crisis: $100K or $80K?

Bitcoin's having a bigger identity crisis than your friend who can't decide what to order at Starbucks!

One minute it's flirting with $100K, the next it's eyeing $80K.

Let's break down this crypto drama and what it means for your portfolio!

The Two Sides Fighting for Bitcoin 🥊

In one corner, we've got sticky inflation making everyone nervous. (Bad for Bitcoin)

In the other corner, we're watching nations line up to buy Bitcoin like it's the last PS5 before Christmas. (Good for Bitcoin)

Talk about mixed signals!

Why Bitcoin's Been Acting Weird Lately

Did you know that if the job market is too good, it could be bad?

Well, that's exactly what's happening!

The US just dropped some spicy job numbers that sent the market into a tizzy. We saw a report from the Bureau of Labor Statistics that showed 8.1 million job openings in November 2024, way above the expected 7.7 million.

Here's the domino effect:

1. More jobs = higher wages, which leads to more spending.

2. More spending = high inflation, which means fewer rate cuts in 2025.

3. And fewer rate cuts? That makes Bitcoin sad.

It's like telling a kid the ice cream store is closed.

But Wait, Here Comes the Cavalry!

While the economics nerds are freaking out about inflation, something MASSIVE is brewing.

Nation-state FOMO is hitting harder than your caffeine crash after three energy drinks.

Trump's inauguration is just 10 days away, and the prediction markets are going wild.

There's a 42% chance the US will create a Bitcoin reserve, and a whopping 72% chance at least one country will create a Bitcoin reserve in 2025.

Even Fidelity, the suit-and-tie folks, are saying more countries will jump on the Bitcoin train.

The Global Bitcoin Shopping Spree 🛍️

The list of potential Bitcoin buyers keeps growing. Here's who's eyeing the digital gold:

• Up to 20 US states planning Bitcoin reserve bills

• Bhutan is announcing the addition of BTC, ETH, and Binance’s BNB to their strategic reserves

• Czech Central Bank governor "considering a few Bitcoin"

• Canada's likely new PM is a Bitcoin fan

• KULR just bought 213 BTC ($21M worth)

• MicroStrategy casually grabbed another 1,070 BTC

And I guess that creating a Strategic Reserve in Bitcoin has now become a sales pitch for President Candidates? Well, at least in Poland!

What's Next? The $80K Theory 🎯

Some traders are eyeing $80K as a target, but here's the thing: With all these countries and companies playing "who can stack sats faster," does a temporary dip even matter?

The key levels everyone's watching right now:

• Current support: $90,000

• Critical level: $95,180

• Bear case target: $80,000

• Bull case target: $150,000-$190,000 (by the end of 2025)

The Bottom Line

Sure, the market's giving us mixed signals stronger than your ex's text messages.

But when nations are lining up to buy Bitcoin, maybe we shouldn't stress too much about short-term price action.

Think about it: we're watching history in the making.

Countries are treating Bitcoin like it's the last slice of pizza at a party. Everyone wants a piece, and nobody wants to be left out.

Today's Action Items:

Consider these moves for your strategy:

• Review your entry points

• Check your risk tolerance

• Think about setting strategic buy orders if bigger dips happen

And keep your eyes on:

• Trump's inauguration plans

• Nation-state adoption news

• Treasury yield movements

Stay smart out there!

The Coinscript Crew

P.S. Remember when people panicked about Bitcoin at $30K? Yeah, those were the days! 😉

Memes of the Day 🤣

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.