SpartaBTC

BTC/USD if the dynamics and symmetry continue for 1.5 years X100

SpartaBTC Updated   
BNC:BLX   Bitcoin Liquid Index
BTC / USD if the dynamics and symmetry continues from $ 3100 - X 100. At first glance it looks very silly for active traders. Price increases by a large percentage and for such a short period of time.

But it is worth noting that in 2015, after the hacker attack of the Mt Gox exchange (price drop from $ 1,200 to $ 200) and as a result, 70% of the bitcoin market was squeezed from the crowd by Jed McCaleb and his team. Few people then thought that in 2 years, the asset for which the real price “zero” would rise in price by 100 times in a stable currency - the dollar. From $ 200 to $ 20,000 and for some one and a half years!

Maybe the reason is that an “air asset” which has nothing to attach to anything real and material can inspire the crowd at any price. And the more inadequate and fantastic the price, the more willingly the “ordinary greedy person” believes in it.

If everything continues in such dynamics and symmetry, then from the minimum price of the secondary trend of $ 3100, the target is to pump that asset for which the real price is "zero" in the zone of about $ 310000.

But there is one caveat and it is very significant and logical. We used to regard everything from the position of a relatively stable dollar. Everyone is trying to keep their savings in a relatively hard currency - the dollar. Imagine that as a result of certain planned actions to switch to a new financial system and a new world order, the dollar will be so devalued as to “kill the faith in old money” that you can’t buy a kilogram of sugar for $ 1000, for example. I can’t even imagine what value will be in the trash currencies of other countries at such a time. For example, the Russian ruble. Probably paper printing it will cost more. Salary to the janitor will be issued in the tens of millions of rubles, or simply in kilograms of money, so as not to count.

Fairy tales? Not. This has already happened more than once in history, and in fairly economically developed countries. An example is Germany, after World War 1 and shameful surrender - the salary was given in kilograms of money. There was a paradox, printing new money at the same maximum face value was more expensive than the amount of money received. Essential goods grew in price in relation to kilograms of waste paper currency several times over several days. You need to understand that before the war and surrender, it was one of the most stable currencies in the world. So in a short time everything can change dramatically. But could the Germans have believed all this for some several years before that? No, of course ... But thanks to zombies with tales of the Aryan nation and Hitler, who eventually went too far - decades later, Germany was again one of the most developed countries until World War II.

The United States is now the locomotive of our civilization, but the locomotive urgently needs new software, so a reboot is not far off. Just imagine in an instant. Riots in the United States, political and economic instability, the “war with China” and other games to launch the process of instability around the world. After all, a reboot is required throughout the world.

Every day, the price of a once stable currency in which everyone was “hiding” with any instability - the dollar will fall in astronomical progression. People will want to somehow save their money. And then you can pump up "something that does not cost anything" - Bitcoin, up to $ 310,000, or even up to a million dollars. Or then the equivalent value will be measured not by the sum but by kilograms? Bitcoin -100 kg of dollars. It sounds funny, of course. But the question is, what can you really material in such a difficult transitional time you can buy for these $ 310,000 of waste paper ???

Let's all the same think that Bitcoin will so rise in price in such a short time, and the dollar at that time will be the same relatively stable currency as it is now!
After all, thoughts tend to materialize if a large number of people believe in them - naturally thanks to action, not mysticism!
Comment:
Whatever the seemingly fantastic article described above in real trading on the monthly chart above, we see confirmation of support for the main trend. It is possible that if the monthly candlestick closes in such a range, then we will face - the emergence of a new secondary uptrend.
Comment:
Everything is going according to plan. Trading with the trend, correction to the line (zone) of the uptrend is possible in the course of the trend development.

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